TypeRetail Investments · Assured Shorthold Tenancies · Ground Rents

SW15 236 Upper Richmond Road, Putney, London

TenureFor sale

236 Upper Richmond Road, Putney, London, SW151/12

Specification

Building size
Building size3,279sqft
Property type
Property typeRetail Investments · Assured Shorthold Tenancies · Ground Rents
Tenure
TenureFor sale

Description

Income producing mixed-use freehold investment in Putney for sale. Comprises restaurant let to Base Face Pizza and residential uppers.

The property forms part of a terrace on the north side of the road. The building is over 5 floors with the ground and basement trading as Base Face Pizza and the upper floors are 3 flats. The 2nd and 3rd floors have been sold on long leases and the 1st floor is let on an AST.

Inspections strictly by appointment with Martin Campbell.

Freehold asset offered for sale by way of private treaty.

Interested parties should contact Martin Campbell for further details on the guide price. All serious offers will be considered.

Freehold investment producing £67,380 pa

Commercial let to Base Face Pizza

at £40,580 pa

Short walk to Putney Station

15 year lease from 2024

1st floor flat let on periodic tenancy producing £26,400 pa

2nd & 3rd floor flats sold off on 125 year long leaseholds

2nd & 3rd floor ground rents total £400 pa

Location

Upper Richmond Road is a busy throughfare forming part of the South Circular Road. The property is close to the junction with Putney Hill and High Street, within a few minutes walk of Putney Station, providing direct services to Waterloo, Clapham Jct. Richmond and Wimbledon.

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