Forming part of the thriving St Margaret’s conservation area on the outskirts of Richmond Town centre, this parade of boutique shops, restaurants and supporting professional services is directly opposite the mainline station to London Waterloo. The parade is complimented by Tesco’s Metro as well as an array of up-market independent retailers, cafes and delicatessens. By car the A316 is within yards which in turn provides easy access to the M3, M25, Heathrow and City Centre freehold for sale. Businesses unaffected. The key shopfront in the ever-popular St. Margaret’s Road, a highly affluent residential riverside Suburb of the London borough of Richmond. The freehold premises are offered fully let to the local post-office with ancillary shopping on the ground floor. A separate entrance leads to stairs down to a basement office and courtyard which has been let for some 10 years to local it service providers. The apartment over has been sold off on a long lease.
Early viewing highly recommended as shops in the area rarely come to market. The basement may have the opportunity for conversion to residential under pdr.
Accommodation: Shop and rear office providing some 780 sq. Ft. (72.3M2) and additional cellar.
Lower Ground office and stores some 750 sq. Ft. (70 M2) Gross internal area inc. WC and Kitchenette.
Leases: The shop is let on a full repairing and insuring lease until 2030 at a rent of £18,000 per annum exclusive (review due 2022). The office provides £10,000 per annum on a separate 6 year lease (five years remaining). Further detail on application. Combined rent: £28,000 per annum exclusive. Price: £465,000 for the freehold interest to include the benefit of the leases.
Viewing: Strictly by appointment through sole agents
energy performance: Band E (109)The details in these particulars are meant as a guide only and do not constitute an offer or contract and any intended tenant or purchaser should satisfy themselves as to being correct. Statements contained herein are made in good faith but without responsibility by Milestone Commercial Agency Ltd. Or our clients. All figures ex-vat where applicable. All equipment remains untested. Milestone Commercial- open for business
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