Amenities

• Stunning Richmond Green location
• Substantial value-add opportunities
• Residential reconfiguration
• Lease renewals and lettings
• Office refurbishment
• Break-up potential
• On-going active management

Description

A unique Freehold Investment and Development Opportunity comprising three residential apartments, three self-contained offices and four garages. This mixed use property offers substantial value-add opportunities by way of residential reconfiguration, lease renewals & lettings, office refurbishment, break- up potential and on-going active management. The asset currently produces £98,466 pa with a potential ERV of £220,600 pa.

Location

Richmond Upon Thames is a highly affluent destination town in leafy South West London. With its excellent transport links, high-end shops, thriving commercial and tourist trade as well as stunning River Thames amenities, the town has an unrivalled 'live work' reputation that continues to attract national retailers and affluent professionals alike. In 2020 it was named "happiest place to live in London' for the 6th year in a row.

The property occupies a prominent position on the corner of Richmond Green where it meets Friars Lane and Old Palace Terrace. Being located in the heart of the town, the property benefits from all the hustle and bustle of George Street, whilst enjoying the tranquillity of Richmond Green and close proximity to Richmond Riverside.