21 George Street Richmond upon Thames TW9 1AY

21 George Street
Richmond upon Thames
TW9 1AY

Prime Freehold Retail Investment

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Withdrawn Post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
Auction Venue
Millennium Hotel
44 Grosvenor Square
London W1K 2HP
On behalf of Trustees

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Prime Freehold Retail Investment

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Status Withdrawn Post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

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.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reviews
Basement Ground First Second Third	Unused Retail (ITZA) Ancillary Ancillary Ancillary	46.98 sq m 37.16 sq m 55.74 sq m 14.86 sq m 26.12 sq m	(506 sq ft) (400 sq ft) (600 sq ft) (160 sq ft) (281 sq ft)	REED EMPLOYMENT LTD (1)	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).