Under offer 
Under offer
Under offer
Under offer
Under offer
Under offer
Under offer
Under offer
Under offer
Under offer
Under offer
417 Upper Richmond Road West, East Sheen, SW14 7PJ
2,417 sq ft (225 sq m)
Offers in excess of £1,250,000
Investment - For Sale
Investment
- PRIME FREEHOLD RETAIL AND RESIDENTIAL
- INVESTMENT
The Property comprises a ground floor shop unit together
with a 1 bed flat and a 2/3 bed maisonette above both of
which are separately accessed from Colston Road to the
rear.
The building was extended from a two
-floor residential unit
into a three
-floor one and the works were completed in
March 2020. At that time, a new floor was created in the
roof space
, allowing 26b to become a maisonette.
The whole residential area was renovated including a new
roof, renovated flat roof terrace, all plumbing, electrical
and gas cooking and heating, the exterior and interior
doors, bathroom suites, fitted kitchen units and kitchen
equipment.
The windows were also replaced and the soundproofing
between the floors upgraded.
The ground floor commercial wiring was upgraded to 3
phase.
We are instructed to seek offers in excess of £1,250,000 which
reflects a Net Initial Yield of 6.15% after purchaser’s costs of
6.8%.
Location
East Sheen is located within the affluent south-west London Borough of Richmond upon Thames, approximately 1.6 miles east of Richmond and 2 miles west of Putney. The area benefits from excellent road communications via the Upper Richmond Road West (A205 South Circular Road). Mortlake Railway Station is around 575 meters north of the property and provides regular services between London Waterloo and Ascot. East Sheen is also a 26-minute drive directly to Heathrow Airport. The property is situated on the south side of the busy Upper Richmond Road West, close to its junction with Penrhyn Crescent. Close by occupiers include Gails, Tesco Express, Waitrose, Boots, Holland & Barrett, Toni & Guy and Papa Johns amongst many others.
Accommodation
| Floor | Area (sq ft / sq m) |
|---|---|
|
417 Upper Richmond Road West |
1071 sq ft (99.5 sq m) |
|
26a Colston Road |
517 sq ft (48.03 sq m) |
|
26b Colston Road |
829 sq ft (77.02 sq m) |
|
TOTAL |
2417 sq ft (224.55 sq m) |
Lease
417 Upper Richmond Road West
• Current Rent: £38,000 p.a.
• Next Review / Reversion: Rent rising to £41,000 from 21.05.2028, Rising to £45,000 p.a. from 21.05.2033
26a Colston Road
• Current Rent: £18,720 p.a.
• Next Review / Reversion: 2026
26b Colston Road
• Current Rent: £25,200 p.a.
• Next Review / Reversion: 2026
Total Current Rent: £81,920 p.a.
Contact an agent
Director - Professional Services
greg@snellers.comSimilar properties in the area
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