Located on the popular Upper Richmond Road West situated between Purney and and Richmond. East Sheen boasts a mix of interesting shops, restaurants & cafes - public car park and metered street parking close by. Mortlake Station is within easy walking distance.
Opportunity to acquire the freehold of an attractive mid-terrace three storey building.
£350,000
The premises are let on a 15 year lease from January 2017 to a Coffee Shop operator and is arranged over ground floor and basement. The income is currently £23,000 p.a. and has not had a rent increase at the last rent review. The shop measures approximately 492 sq ft to the ground floor with an additional 500 sq ft in the basement.
Included in the freehold are three flats, two above and one to the rear of the ground floor which are all sold off on long leases and producing ground rent income.
Flat 321 a - 125 year lease from March 1995 . £300 p.a. ground rent
Flat 321 b - 125 year lease from March 1995 . £300 p.a. ground rent
Rear Flat - 125 year lease from November 2002. £300p.a. ground rent.
Shop EPC Band - C
Please do not approach the business and arrange all viewings via Franklin Commercial 0207 117 2526.