Let to Robert Holmes and Company Limited until 2030 (No Breaks)
Tenant in occupation since 1987
Less than 1 mile south of the Internationally famous All England Tennis Club
Highly Affluent South-West London suburb
Neighbouring occupiers include Fired Earth, David Cuclow Opticians and Caffe Nero
Lot 17
Auction 28th October 2020
Rent £72,500 per Annum Exclusive
Status Sold
Price £1,450,000
Sector High Street Retail
Auction Venue Live Streamed Auction
Of behalf of Trustees
Property Information
Location
Miles
Less than 1/2 mile from Wimbledon Underground Station & Rail Station
250 Metres from Wimbledon Common
less than 1 mile south of All England Tennis Club
Roads
A24 A3
Rail
Wimbledon Railway Station
(less than 1/2 mile away)
Air
London Heathrow Airport,
London Gatwick Airport
Situation
Wimbledon is a highly affluent and popular suburb situated in south-west London and 5 miles south-east of Richmond-upon-Thames. The area benefits from excellent communications being adjacent to the A3, the principal arteial route through south-west London. Renowned worldwide for its annual international tennis tournament, Wimbledon is also well established as a commercial and retailing centre, the latter being focused on the Centre Court Shopping Centre, located on The Broadway. The surrounding areas comprise residential, retail and office uses. Wimbledon is home to a number of global company headquarters, including Lidl, Capsticks, Close Brothers and Unibet. Near by occupiers include Cafe Nero, Whilstles, Paul, Cote Bistro.
Tenure
Freehold.
Location
Miles
Less than 1/2 mile from Wimbledon Underground Station & Rail Station
250 Metres from Wimbledon Common
less than 1 mile south of All England Tennis Club
Roads
A24 A3
Rail
Wimbledon Railway Station
(less than 1/2 mile away)
Air
London Heathrow Airport,
London Gatwick Airport
Situation
Wimbledon is a highly affluent and popular suburb situated in south-west London and 5 miles south-east of Richmond-upon-Thames. The area benefits from excellent communications being adjacent to the A3, the principal arteial route through south-west London. Renowned worldwide for its annual international tennis tournament, Wimbledon is also well established as a commercial and retailing centre, the latter being focused on the Centre Court Shopping Centre, located on The Broadway. The surrounding areas comprise residential, retail and office uses. Wimbledon is home to a number of global company headquarters, including Lidl, Capsticks, Close Brothers and Unibet. Near by occupiers include Cafe Nero, Whilstles, Paul, Cote Bistro.
Tenure
Freehold.
Description
The property comprises a handsome two storey, double fronted building with rear car parking via an undercroft passageway. The ground floor provides showroom and office space with the first floor providing further ancillary/office accommodation.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a handsome two storey, double fronted building with rear car parking via an undercroft passageway. The ground floor provides showroom and office space with the first floor providing further ancillary/office accommodation.
VAT
VAT is not applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reviews
Ground First
Sales Office
85.27 sq m 110.48 sq m
(918 sq ft) (1,189 sq ft)
Robert Holmes and Company Limited (1)
15 years from 11/01/2015 on a full repairing and insuring lease
£72,500
2020 2025
Total
195.75 sq m
(2,107 sq ft)
£72,500
(1) Robert Holmes and Company Limited were incorporated in 1987 and for the years ending 31st March 2019 reported Total Assets of 1,530,465 and Shareholder funds of 1,110,109 and are rated by Experian as "Very Low Risk" (Experian: 11th August 2020). Robert Holmes and Company are an independent estate agent covering Wimbledon, Coombe, Kingston Hill, Mayfair, New Malden and Wandsworth, Based in Wimbledon, Robert Holmes and Company is an established presence at the heart of the Village. Since 1987, www.robertholmes.co.uk/about-us
If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
