29 The Green Richmond Upon Thames Greater London TW9 1LX

  • 29 The Green<br>Richmond Upon Thames<br>Greater London<br>TW9 1LX

29 The Green
Richmond Upon Thames
Greater London
TW9 1LX

Freehold Retail and Residential Investment

  • Affluent and attractive London Suburb
  • Town Centre Location
  • Let to Save The Children Fund until 2022 (Subject to Option)
  • Six Week Completion
  • Lot
    9
  • Auction
    17th October 2013
  • Rent
    £35,500 per Annum Exclusive
  • Status
    Sold
  • Price
    £540,000
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    Mayfair
    London W1K 2HP
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Freehold Retail and Residential Investment

  • Affluent and attractive London Suburb
  • Town Centre Location
  • Let to Save The Children Fund until 2022 (Subject to Option)
  • Six Week Completion
  • Lot 9
  • Auction 17th October 2013
  • Rent £35,500 per Annum Exclusive
  • Status Sold
  • Price £540,000
  • Sector
    High Street Retail
  • Auction Venue
    The Millennium Hotel
    44 Grosvenor Square
    Mayfair
    London W1K 2HP

Property Information

Location
Miles
9.5 miles south-west of Central London
6 miles west of Putney
5 miles south of Ealing
Roads
M3, M4, A316, A307
Rail
Richmond Station (District Line and Overground)
Air
London Heathrow Airport
Situation

One of only two retail units that front The Green, the property benefits from a prominent corner position at the junction of Paved Court and Golden Court. Nearby occupiers include House of Fraser, Barclays Bank, WH Smith, Boots the Chemist and Marks and Spencer all of whom benefit from affluent local trade and international tourism throughout the year.

Tenure

Freehold.

Location
Miles
9.5 miles south-west of Central London
6 miles west of Putney
5 miles south of Ealing
Roads
M3, M4, A316, A307
Rail
Richmond Station (District Line and Overground)
Air
London Heathrow Airport
Situation

One of only two retail units that front The Green, the property benefits from a prominent corner position at the junction of Paved Court and Golden Court. Nearby occupiers include House of Fraser, Barclays Bank, WH Smith, Boots the Chemist and Marks and Spencer all of whom benefit from affluent local trade and international tourism throughout the year.

Tenure

Freehold.

Description

The property comprises boutique ground floor retail accommodation with ancillary accommodation in the basement. The property has been extensively refurbished internally and externally including a new roof. The first and second floors comprise a self-contained residential maisonette.

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 boutique ground floor retail accommodation with ancillary accommodation in the basement. The property has been extensively refurbished internally and externally including a new roof. The first and second floors comprise a self-contained residential maisonette.

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 Review
Basement
Ground
Ancillary
Retail
24 sq m
28 sq m
(258 sq ft)
(301 sq ft)
SAVE THE CHILDREN FUND (1) t/a Mary’s Living and Giving 10 years from 30/07/2012 until 2022 on a full repairing and insuring lease (2) £35,000 30/07/2017
First & Second Residential
Not measured
INDIVIDUAL 125 years from 2013 until 2138 £500  
Totals  
52 sq m
(559 sq ft)
    £35,500  

(1) Save The Children are a registered charity that operate globally. For the year ending 31/12/2011, Save The Children reported Total Incoming Resources of £332,194,000 and Total Net Assets of £90,645,000. (Source: Save The Children Annual Report 2012)
(2)The lease provides for a tenant option to determine the lease on 30th July 2017 subject to 6 months‘ notice.

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Associate Auctioneers
Martin Campbell & Company 6 Duke Street
Richmond
Surrey
TW9 1HP
Andy Shaw 0208 940 2266a.shaw@martincampbell.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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