105/107 High Street Putney London SW15 1SS

105/107 High Street
Putney
London
SW15 1SS

Prime Freehold Retail and Residential Investment

Two shops with three separately accessed two bed flats on upper parts
Part let to Ryman Limited until December 2027 (no breaks)
Adjoining shop offered vacant (with recent offer to lease) (1)
Three large separately accessed flats above (Two let and one vacant)
Approximately 6,161 sq ft (total)
Close to Upper Richmond Road (South Circular A205) and Putney Train Station
Opposite an entrance to Putney Exchange Shopping Centre
Nearby occupiers include Boots the Chemist, Superdrug, Waitrose, Oliver Bonas, H&M, Pret A Manger, Caffè Nero, Wasabi Sushi and McDonald's

Lot
12
Auction
15th December 2022
Rent
£108,778 per Annum Exclusive
plus vacant shop (1) and vacant two bed flat above
Status
Sold Post
Price
Auction Venue
Live Streamed Auction

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Prime Freehold Retail and Residential Investment

Two shops with three separately accessed two bed flats on upper parts
Part let to Ryman Limited until December 2027 (no breaks)
Adjoining shop offered vacant (with recent offer to lease) (1)
Three large separately accessed flats above (Two let and one vacant)
Approximately 6,161 sq ft (total)
Close to Upper Richmond Road (South Circular A205) and Putney Train Station
Opposite an entrance to Putney Exchange Shopping Centre
Nearby occupiers include Boots the Chemist, Superdrug, Waitrose, Oliver Bonas, H&M, Pret A Manger, Caffè Nero, Wasabi Sushi and McDonald's

Lot 12
Auction 15th December 2022
Rent £108,778 per Annum Exclusive plus vacant shop (1) and vacant two bed flat above
Status Sold Post
Price
Sector
High Street Retail, Residential
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 1.5 miles east of Wandsworth Town, 5 miles south-west of Central London
Roads: A3, A205
Rail: Putney Station, Putney Bridge and East Putney Underground (District Line)
Air: London Heathrow

Situation

Putney is an affluent and attractive suburb of South West London, approximately 1.5 miles east of Wandsworth. The property is prominently located on the east side of Putney High Street, opposite an entrance to Putney Exchange Shopping Centre, and 100 yards north of Putney Train Station. Nearby occupiers include Boots the Chemist, Superdrug, Waitrose, Oliver Bonas, H&M, Pret A Manger, Wasabi Sushi and McDonald's.

Tenure

Freehold.

Location

Miles: 1.5 miles east of Wandsworth Town, 5 miles south-west of Central London
Roads: A3, A205
Rail: Putney Station, Putney Bridge and East Putney Underground (District Line)
Air: London Heathrow

Situation

Tenure

Freehold.

Description

The property comprises two shops with three separately accessed flats arranged on the first, second and third floors, accessed from High Street.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

See Legal Pack

Description

The property comprises two shops with three separately accessed flats arranged on the first, second and third floors, accessed from High Street.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

See Legal Pack

Tenancy & Accommodation

Address	Floor	Use	Floor Areas Approx sq m	Floor Areas (Approx sq ft)	Tenant	Term	Rent p.a.x.	Rent Review
105 Putney High Street	Ground	Retail	130.16	(1,401)	RYMAN LIMITED (t/a Ryman)	10 years from 08/12/2017	£78,500	08/12/2022
107 Putney High Street	Ground Basement	Retail Ancillary	90.02 96.71	(969) (1,041)	VACANT (1)	-	-
105/107 Putney High Street (Flat 1)	First	Residential - 2 bed flat	78.97	(850)	AN INDIVIDUAL	Regulated Tenancy	£10,478	September 2023
105/107 Putney High Street (Flat 2)	Second	Residential - 2 bed flat	78.97	(850)	TWO INDIVIDUALS	AST 1 year from 10/03/2021 at £1,650 pcm	£19,800
105/107 Putney High Street (Flat 3)	Third	Residential - 2 bed flat	97.55	(1,050)	VACANT	-	-
Total Area			572.38	(6,161)			£108,778 plus vacant shop and vacant flat

(1) The landlord is in receipt of a recent offer to lease 107 Putney High Street from Treelogy Limited at a commencing rent of £60,000 pax (subject to a 12 month rent free period) and a 3 month rent deposit. The proposed lease is for a term of 10 years with a rent review and tenant option to determine at year 5. Heads of Terms are being drawn up and will be available in the Legal Pack.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.