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Floorplan
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    Key features

    • A freehold self contained office comprising of 19,008 sq ft (1,765 sqm)
    • Low capital value of £152.56 per sq ft on guide
    • Development potential for alternative uses or conversion into residential dwellings (subject to the requisite consents)
    • Situated on an approx. 0.46 acres with 36 onsite car parking spaces
    • Located in the affluent & desirable St Margaret's area
    • First time on the market in 24 years
    • Currently let at at £349,504 p.a. (Reversion July 2025 & tenant not in occupation)

    Description

    A substantial freehold premise in the heart of St Margaret's in a predominately residential area. The building is comprised of 4 floors currently arranged as open plan office space, meetings rooms and ancillary rooms such as kitchenettes and bathrooms.

    There is extensive car parking space to the rear of the property and offers an approx. 36 car parking spaces with the entire site situated on an approx. 0.46 acres.

    The property offers asset management in its current use (E class) or alternative use potential such as nursery, education use or senior living (subject to the requisite consents). There is further development potential to convert the property into multiple residential dwellings (subject to the requisite consents).

    Planning permission was granted in March 2024 to reconfigure and reduce the car parking space for the provision of amenity space and cycle parking.

    Additional information

    Tenure

    Freehold

    Accommodation

    Please refer to the floor plan in the photos

    Tenancy

    76 Crown Road

    • The property is currently let to Berkley Homes (not in occupation).
    • Let on a 25 year lease from July 2000 (Reversion July 2025)
    • Investment let at £349,504 p.a.

    Planning

    London Borough of Richmond Upon Thames

    Planning ref: 24/0135/FUL

    Description: Reconfiguration of car parking layout resulting in reduction of car parking and provision of amenity space, and cycle parking 

    Rent

    £349,504 p.a.

    Notes

    Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect the exact boundary of the property. Prospective purchasers must reply upon their own enquiries prior to bidding. Please refer to the legal pack.


    Joint Agents

    James Vivian

    Savills - Business Space Investment

    Mob: 07717745280

    Email: JVivian@savills.com


    Charlie Redman

    Savills - Development

    Mob: 07901917519

    Email: CRedman@savills.com



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      Local information

      The property is located on the West side of Crown Road, close to the junction with Richmond Road.

      St Margaret's station is located an approx. 0.2 miles from the property.

      Transport

      St Margaret's station National Rail services

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

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