Withdrawn
Withdrawn Prior
Sold
Sold Prior
Sold Post
The property comprises a mixed use investment in a highly prominent corner location, close to Richmond Bridge.
The ground floor provides retail accommodation with basement storage let to S Perkins on a 10 year lease from 22nd Aug 2013,expiring 2023. The tenant is holding over on a rent of only £26,000 which was set in 2015.
The first floor comprises a substantial 2 x Bed Flat let on an AST until March 2025 at only £1,280 pcm.
The second floor comprises a 2 x Bed Flat which is vacant.
To the rear of the property is a small courtyard, currently used for parking/loading.
The property presents numerous value add opportunities, such as moving the shop glazing forward to increase the prime sales area, regearing or reletting the commercial at a current market rent, extending at the rear and refurbishing/reconfiguring the 2 large flats into 4 smaller units, subject to the usual consents.
Tenure
Freehold
Notes
The retail dimensions are sourced from the VOA website
GIA of first floor flat includes communal hallway
GIA of second floor flat including restricted head height
Deposit of £1,361 held on first floor flat
Joint Agents
Stirling Shaw
Contact Andy Shaw 07498 854767
ashaw@stirlingshaw..co.uk