211 Lower Mortlake Road
Richmond upon Thames
Greater London
TW9 2LP

Retail Investment Opportunity

  • Highly affluent and attractive London suburb
  • Let until 2028 (no breaks)
  • 3 yearly Rent Reviews
  • Close to Richmond station (District, Overground)
  • Neighbouring occupiers include Ladbrokes, Richmond Pharmacy, Premier Inn, Mobalpa Kitchens, Kwik Fit and Big Yellow Self Storage
  • Lot
    15
  • Auction
    24/Oct/2019
  • Rent
    £17,500 per Annum Exclusive
  • Status
    Available
  • Price*
    £200,000
  • Sector
    High Street Retail
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    London W1H 7TN
Important Auction & Property Update
  • 211 Lower Mortlake Road<br>Richmond upon Thames<br>Greater London<br>TW9 2LP
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* More information on the term "price" can be found here

Property Information

Location
Miles
9.5 miles south-west of Central London
6 miles west of Putney
5 miles south of Ealing
Roads
M3, M4, A316, A307
Rail
Richmond Station, North Sheen Station
Air
London Heathrow Airport
Situation

Richmond upon Thames is a highly affluent and fashionable South West London suburb. The property is situated on an established retail parade and benefits from a prominent corner position on the north side of the busy Lower Mortlake Road (A316), approximately 700 metres from Richmond Station (District Line, Overground). Neighbouring occupiers include Ladbrokes, Richmond Pharmacy, Premier Inn, Mobalpa Kitchens, Kwik Fit and Big Yellow Self Storage.

Tenure

Long Leasehold. Held for a term of 99 years from 07/10/2005 until 2104 at a fixed rent of ?200 per annum exclusive.

Description

The property comprises a ground floor corner retail unit with ancillary accommodation in the basement and forms part of a larger building.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

Band C. See legal pack at acuitus.co.uk

Tenancy & Accommodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.xReviews/(Reversion)
Ground
Basement
Retail
Ancillary
39.75 sq m
33.14 sq m
(428 sq ft)
(356 sq ft)
INDIVIDUAL
t/a V.I.P. Dry
Cleaners
15 years from
11/01/2013
£17,50011/01/2022
and
11/01/2025
(10/01/2028)
Total
72.89 sq m
(784 sq ft)
  £17,500 

Property Documents

  • Solicitors Legal Pack
    Updated Date
    09.10.19
    File Size
    12 MB
    Login to View
  • Site Plan
    Updated Date
    02.10.19
    File Size
    2 MB
    View PDF
  • Catalogue Page
    Updated Date
    02.10.19
    File Size
    1 MB
    View PDF
  • Common Auction conditions
    Updated Date
    19.09.19
    File Size
    150 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    19.09.19
    File Size
    36 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060519john.mehtab@acuitus.co.uk
Billy StruthBilly Struth +44 (0)20 7034 4854billy.struth@acuitus.co.uk
Seller's Solicitors
Hamilton Downing Quinn 40, Ruskin House, 41 Museum St, Holborn
London
WC1A 1LT
David Jordan 0207 831 8939davidj@hamd.co.uk

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