408 Richmond Road Richmond Upon Thames London TW1 2EB

408 Richmond Road
Richmond Upon Thames
London
TW1 2EB

Retail Investment Opportunity

Retail unit let until 2033 with a personal guarantee
Highly Affluent and Popular London Suburb
Approximately 120 metres from Richmond Bridge
Less than 1/2 mile from Richmond's Town Centre
VAT Free Investment
Neighbouring occupiers include Lidl, Richmond Leatherworks, Richmond Cycles, Royal Deer Park Ride and an eclectic mix of local businesses

Lot
1
Auction
10th July 2025
Rent
£24,000 per Annum Exclusive
Status
Available
Guide*
£275,000
Auction Venue
Live Streamed Auction

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Retail Investment Opportunity

Retail unit let until 2033 with a personal guarantee
Highly Affluent and Popular London Suburb
Approximately 120 metres from Richmond Bridge
Less than 1/2 mile from Richmond's Town Centre
VAT Free Investment
Neighbouring occupiers include Lidl, Richmond Leatherworks, Richmond Cycles, Royal Deer Park Ride and an eclectic mix of local businesses

Lot 1
Auction 10th July 2025
Rent £24,000 per Annum Exclusive
Status Available
Guide* £275,000
Sector
Retail, High Street Retail
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 7 Miles South-West of Central London, 35 miles East of Reading
Roads: M3, M4, A316, A307
Rail: St Margarets (London) Railway Station, Richmond Underground Station (District Line), National Railway
Air: London Heathrow Airport

Situation

The property is prominently situated on the south side of Richmond Road between Cambridge Road and Cresswell Road, approximately 120 metres south of Richmond Bridge. The locality is a predominantly affluent residential area with Richmond Road forming a thriving neighbourhood retailing quarter, with an eclectic mix of fashionable local retailers and restaurants.

Tenure

Virtual Freehold. Held for a term of 999 years from Completion of the Sale at a fixed peppercorn rent. The Freehold interest is available by separate negotiation subject to serving notices pursuant to s.5A of the Landlord and Tenant Act 1987.

Location

Miles: 7 Miles South-West of Central London, 35 miles East of Reading
Roads: M3, M4, A316, A307
Rail: St Margarets (London) Railway Station, Richmond Underground Station (District Line), National Railway
Air: London Heathrow Airport

Situation

Tenure

Description

The property comprises an attractive lock up retail accommodation on the ground floor. The property forms part of a larger mixed-use building with 4x self-contained flats on the upper floors. The property benefits from a comprehensive refurbishment programme undertaken by the Seller in 2023,

VAT

VAT is not applicable to this lot.

EPC

Description

VAT

VAT is not applicable to this lot.

EPC

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m	Floor Areas Approx sq ft	Tenant	Term	Rent p.a.x.	Rent Review (Reversion)
Ground	Retail	29.20	(314)	INDIVIDUAL (T/A STUDIO ONE BODEGA)	10 years from 05/09/2023	24,000	05/09/2028 (14/09/2033)
Total Approximate Commercial Net Internal Floor Area		29.20 (1)	(314) (1)			24,000

(1) The floor areas stated above is the Net Internal Area published by the Valuation Office Agency (https://www.tax.service.gov.uk/business-rates-find/valuations/start/278476084).

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.