212 Upper Richmond Road Putney London SW15 6TD

  • 212 Upper Richmond Road<br>Putney<br>London<br>SW15 6TD

212 Upper Richmond Road
Putney
London
SW15 6TD

Freehold Retail Investment

  • Comprises an Estate Agent and 3 Residential Flats
  • Estate Agent Let Until 2032 (subject to option)
  • Busy and Highly Affluent South West London Suburb
  • Approximately 75 Metres from Putney Station
  • Neighbouring Occupiers PureGym, Sainsbury’s, Nando’s, Itsu, Caffè Nero, Specsavers and Pret A Manger
  • Lot
    3
  • Auction
    7th November 2024
  • Rent
    £35,050 per Annum Exclusive
  • Status
    Sold
  • Price
    £395,000
  • Auction Venue
    Live Streamed Auction
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Freehold Retail Investment

  • Comprises an Estate Agent and 3 Residential Flats
  • Estate Agent Let Until 2032 (subject to option)
  • Busy and Highly Affluent South West London Suburb
  • Approximately 75 Metres from Putney Station
  • Neighbouring Occupiers PureGym, Sainsbury’s, Nando’s, Itsu, Caffè Nero, Specsavers and Pret A Manger
  • Lot 3
  • Auction 7th November 2024
  • Rent £35,050 per Annum Exclusive
  • Status Sold
  • Price £395,000
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
5 miles south-west of Central London
Roads
Upper Richmond Road (A205 South Circular Road)
Rail
Putney Station (South Western Railway), East Putney Underground (District Line)
Air
London Heathrow, City and Gatwick Airports
Situation

Putney is a highly affluent South West London suburb some 5 miles south-west of London’s West End. The property occupies a prominent position on the northern side of Upper Richmond Road (A205 South Circular Road), approximately 75 metres from Putney Station and some 500 metres from East Putney Underground Station (District Line). Nearby occupiers include PureGym, Sainsbury’s, Nando’s, Itsu, Caffè Nero, Specsavers and Pret A Manger.

Tenure

Freehold.

Location
Miles
5 miles south-west of Central London
Roads
Upper Richmond Road (A205 South Circular Road)
Rail
Putney Station (South Western Railway), East Putney Underground (District Line)
Air
London Heathrow, City and Gatwick Airports
Situation

Putney is a highly affluent South West London suburb some 5 miles south-west of London’s West End. The property occupies a prominent position on the northern side of Upper Richmond Road (A205 South Circular Road), approximately 75 metres from Putney Station and some 500 metres from East Putney Underground Station (District Line). Nearby occupiers include PureGym, Sainsbury’s, Nando’s, Itsu, Caffè Nero, Specsavers and Pret A Manger.

Tenure

Freehold.

Description

The property compromises an attractive four storey mixed use building with retail accommodation on the ground floor and ancillary accommodation in the basement. There are three residential flats on the upper floors that have been sold on a long lease.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property compromises an attractive four storey mixed use building with retail accommodation on the ground floor and ancillary accommodation in the basement. There are three residential flats on the upper floors that have been sold on a long lease.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor Use Floor Areas
Approx sq m (1)
Floor Areas
Approx sq ft (1)
Tenant Term Rent p.a.x. Rent Review
(Reversion)
Ground
Basement
Retail
Ancillary
54.41
41.49
(586)
(447)
INDIVIDUAL (t/a Chamberland Residential Estate Agents) (2) 10 years from 25/12/2022 (3)
£35,000
(24/12/2032)
First to Third 3 x Residential Flats
-
(-)
AN INDIVIDUAL 999 years from 13/12/2010
£50
(12/12/3009)
Total Approximate Commercial Floor Area  
95.90
(1,033)
   
£35,050
 

(1) The commercial floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk)
(2) Chamberland Residential is a multi award winning Estate and Letting Agent located in central Putney (www.chamberlandres.co.uk)
(3) The lease provides for a tenant option to determine the lease on 05/02/2029

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.

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Edward MartinEdward Martin +44 (0)20 7034 4854 +44 (0)7478 673 535edward.martin@acuitus.co.uk
Associate Auctioneers
Alpha Browett Taylor Third Floor, 112 Clerkenwell Road
London
EC1M 5SA
0207 386 8965
Richard Hutt 0203 475 7451 07977 417 575richard.hutt@alphaproperty.co.uk
Seller's Solicitors
Helen Williams 01935 846 758helen.williams@porterdodson.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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