212 Upper Richmond Road Putney London 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

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

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.