Freehold Retail and Residential Investment
Freehold Retail and Residential Investment
Richmond is a highly affluent and desirable South-West London suburb which benefits from excellent road and rail access. Friars Stile Road is located at the top of Richmond Hill with Richmond town centre, The River Thames and Richmond Park located within walking distance. The property forms part of an established boutique retail parade that serves the highly affluent local residents. Nearby occupiers include Nicholas Wines, L’Amandine and Mace Convenience Store.
Freehold.
Richmond is a highly affluent and desirable South-West London suburb which benefits from excellent road and rail access. Friars Stile Road is located at the top of Richmond Hill with Richmond town centre, The River Thames and Richmond Park located within walking distance. The property forms part of an established boutique retail parade that serves the highly affluent local residents. Nearby occupiers include Nicholas Wines, L’Amandine and Mace Convenience Store.
Freehold.
The property comprises retail accommodation on the ground floor with ancillary accommodation in the basement. The upper parts comprise 3 self-contained residential flats.
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises retail accommodation on the ground floor with ancillary accommodation in the basement. The upper parts comprise 3 self-contained residential flats.
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reviews | |
|---|---|---|---|---|---|---|---|
| Ground Basement |
Retail Ancillary |
68.36 sq m 65.31 sq m |
(736 sq ft) (703 sq ft) |
SHORT CUMMINSMANAGEMENT LIMITED (1)(t/a Richmond Hill Bakery) |
10 years from 30/04/2010 until 2020 |
£29,000 | 2015 |
| First Second Third |
Residential Residential Residential |
Not Measured Not Measured Not Measured |
INDIVIDUALS |
125 years from 17/06/1988 | £300 | ||
| Totals | 133.67 sq m |
(1,439 sq ft) |
£29,300 | ||||
(1) For the year ending 30th June 2011, Short Cummins Management Limited reported a total net worth of £569,558(Source: www.riskdisk.com 03/04/2012).
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