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32 & 32A Lower Richmond Road, Wandsworth SW15 Investment for sale

£895,000

Property description

    Property features

  • Investment
    (Investment)
  • Dimensions: 0 m2
    (0 ft2)

A prominent building in the heart of Lower Richmond offering both commercial and residential space.
It has a commercial unit over the ground floor and basement with Sui Generis and A1/ A2 use (shops & financial/professional services) in accordance to the Town and Country Planning Act 1987. The commercial unit is occupied by The Magnolia room, a successful beauty salon.
The building also has a two bedroom flat above which is rented on an AST.

Location: The property is located on the northern side of Lower Richmond Road at its junction with Ruvigny Gardens. The unit benefits from excellent transport links with Putney Station (South Western Trains) 0.6 miles away and East Putney Station (District Line) 0.5 miles away, plus a number of bus routes. The local area is a mixture of local retailers and restauranteurs, nearny traders include Social Brew, The Ground Coffee Society and City Paws Club.

Terms & conditions: The commercial unit is over the ground floor and basement, it is on a 10 year lease from the 25th December 2019, at a rent of £15,000 per annum with a rent review in the 5th year. Flat above rented on a AST.

Rent: Commercial - £15,000 Per Annum Residential - AST.

Sale: We are instructed to seek offers in excess of £875,000 subject to contract.

Additional information

Tenure

Freehold

Nearest stations

  • Putney Bridge (0.4 miles)
  • Putney (0.4 miles)

Property location map

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