Popular and highly affluent South West London suburb
Prime position on busy A305
Forms part of a popular retail parade with Waitrose a short distance away
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 2
Auction 30th March 2017
Rent £23,135 per Annum Exclusive
Status Sold
Price £325,000
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
2 miles east of Richmond, 8 miles south-west of Central London
Roads
A305 (South Circular Road)
Rail
Mortlake Rail & North Sheen Rail (25 mins to Waterloo)
Air
London Heathrow Airport
Situation
East Sheen is an affluent and desirable South West London suburb some 2 miles east of Richmond. The property is situated on the northern side of the busy Upper Richmond
Road West (A205 South Circular Road) within an established retail parade comprising independent retailers, with Waitrose and Bathstore both located a short distance away. The property benefits from strong road and rail access with Mortlake and North Sheen stations located nearby, providing an approximate journey time of 25 minutes to London Waterloo.
Tenure
Freehold.
Location
Miles
2 miles east of Richmond, 8 miles south-west of Central London
Roads
A305 (South Circular Road)
Rail
Mortlake Rail & North Sheen Rail (25 mins to Waterloo)
Air
London Heathrow Airport
Situation
East Sheen is an affluent and desirable South West London suburb some 2 miles east of Richmond. The property is situated on the northern side of the busy Upper Richmond
Road West (A205 South Circular Road) within an established retail parade comprising independent retailers, with Waitrose and Bathstore both located a short distance away. The property benefits from strong road and rail access with Mortlake and North Sheen stations located nearby, providing an approximate journey time of 25 minutes to London Waterloo.
Tenure
Freehold.
Description
The property comprises a ground floor retail unit with three self-contained residential apartments on first and second floors which have been let on long leases.
VAT
VAT is not applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor retail unit with three self-contained residential apartments on first and second floors which have been let on long leases.
VAT
VAT is not applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Unit
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
376
Ground
Retail
51.15 sq m
(550 sq ft)
INDIVIDUAL (sub let to Eureka Kitchen Design Limited) (1)
6 years from 18/09/2012
£22,385
25/09/2018
376A (Flat 1) 376B (Flat 2) 376C (Flat 3)
Second
First
Ground/First (rear)
Residential
Residential
Residential
Two Bed Flat
Two Bed Flat
One Bed Flat
INDIVIDUAL
GREATEST COMPANY S.A
INDIVIDUAL
99 years from 25/12/2005 (2) 99 years from 25/12/2005 (2) 99 years from 25/12/2005 (2)
£250
£250
£250
24/12/2104
24/12/2104
24/12/2104
Total Commercial Area
51.15 sq m
(550 sq ft)
£23,135
Contacts
Associate Auctioneers
Martin Campbell & Company 6 Duke Street Richmond Surrey TW9 1HP