Let to Reed Employment Limited (with Surety from Reed Executive Ltd) until 2022
Affluent and fashionable South-West London Suburb
100% prime retail location
Neighbouring occupiers include Marks and Spencer, Boots, River Island, House of
Fraser, French Connection, Ernest Jones, W H Smith, Reiss, Gant and Crew Clothing
Six Week Completion Period Available
Lot 15
Auction 14th February 2013
Rent £90,000 per Annum Exclusive
Status Withdrawn Post
Price
Sector High Street Retail
Auction Venue Millennium Hotel 44 Grosvenor Square London W1K 2HP
On behalf of Trustees
Property Information
Location
Miles
1 mile south of Royal Mid Surrey Golf Course, 2 miles north of Richmond Park, 8.5 miles south-west of Central London
Roads
A316, A307, M3, M4
Rail
Richmond (District & Overground)
Air
London City, London Heathrow
Situation
Richmond upon Thames is a highly affluent and fashionable South-West London suburb some 9 miles west of Central London. The property is prominently situated on George Street, which is the principal retail thoroughfare. Neighbouring occupiers include Marks and Spencer, Boots, River Island, House of Fraser, French Connection, Ernest Jones, W H Smith, Gant, Crew Clothing and the recently opened H & M.
Tenure
Freehold.
Location
Miles
1 mile south of Royal Mid Surrey Golf Course, 2 miles north of Richmond Park, 8.5 miles south-west of Central London
Roads
A316, A307, M3, M4
Rail
Richmond (District & Overground)
Air
London City, London Heathrow
Situation
Richmond upon Thames is a highly affluent and fashionable South-West London suburb some 9 miles west of Central London. The property is prominently situated on George Street, which is the principal retail thoroughfare. Neighbouring occupiers include Marks and Spencer, Boots, River Island, House of Fraser, French Connection, Ernest Jones, W H Smith, Gant, Crew Clothing and the recently opened H & M.
Tenure
Freehold.
Description
The property comprises retail accommodation on the ground floor with self-contained ancillary on first, second and third floors. The basement is currently unused.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises retail accommodation on the ground floor with self-contained ancillary on first, second and third floors. The basement is currently unused.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
25 years from 24/06/1997 until 23/06/2022 on a full repairing and insuring lease (with Surety from Reed Executive Ltd) until 2022
£90,000
24/06/2012 & 24/06/2017
Totals
180.86 sq m
(1,947 sq ft) (2)
£90,000
(1) Reed is a specialist provider of recruitment solutions, IT and HR consulting. Assisting Job seekers and employers since 1960. Reed is independent, has over 350 offices worldwide and employs 3,000 people. For more information see www.reed.co.uk and http://www.reedglobal.com/ (2)The above floor areas are as stated in the lease. The ground floor area is expressed In Terms of Zone A (ITZA).