£350,000
Land for sale
Upper Richmond Road West, London SW14Retirement
Leasehold
EPC Rating: E
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Marsh & Parsons - Barnes
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About this property
Ground floor Class E Commercial
Long lease in place with tenant
Current rent is £26,000 per annum
Central East Sheen
A superbly positioned ground floor Class E use commercial property in prime East Sheen.
Excellent footfall and 2 mins away and same street side as Waitrose.
In good condition and fitted out as a hairdressing and beauticians.
Whole building very recently refurbished.
Situated above are three residential units which are also available for sale.
Current rent producing £26,000pa on a new 10-year lease.
This property is perfectly situated, close by to Mortlake Station with fast train access to Central London and represents a superb long term investment, where upwards only rents through recessions have always occurred.
A new lease of 125 years is to be offered at no extra cost to the buyer and the freehold for the entire building is available for purchase.
Giy (Gross Investment Yield): 7.43%
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Marsh & Parsons - Barnes