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INVESTMENT FOR SALE
321 Upper Richmond Road West
East Sheen
SW14 8QR

New instruction
Size 992 sq ft (92.19 sq m)
Lease / Term The ground floor & basement are let for a term of 15 years from 30th January 2017. The current passing rent is £23,000 pax. The flats are paying ground rents, full terms available on request.
Price OIEO £375,000
VAT VAT is not applicable
The property comprises a mid-terrace 3 storey building with a retail unit on ground and basement currently trading as a cafe, and residential on the upper floors and to the rear of the ground floor. We understand that the residential units are all sold on long leases.
East Sheen is an affluent South West London suburb situated between Richmond and Putney and the property is located close to the junction with Sheen Lane. The Upper Richmond Rd forms part of the South Circular Road and there are excellent transport links, with Mortlake rail station being within a short walk. The majority of the retail traders are on the thoroughfare with a good mixture of individual shops and multiples including WH Smiths, Boots, Gails and Robert Dyas.

Accommodation

Floor Size
Ground Floor 492 sq ft (45.72 sq m)
Basement 500 sq ft (46.47 sq m)
Total 992 sq ft (92.19 sq m)

Amenities

  • Very Marketable Commercial Unit
  • Affluent Area
  • Highly Visible and Prominent
  • Close To Multiple Traders
  • Commercial Rental Growth