51-52 George Street, Richmond

Prime South West London Retail & Office Investment

• Rare opportunity to acquire a prime mixed use investment in a prosperous and highly desirable South West London suburb.
• Richmond upon Thames is one of London’s most attractive and affluent boroughs, located just 8 miles (13 km) from Central London.
• Prominent building in a 100% prime location on George Street.
• Well configured retail accommodation let on a new lease to Holland & Barrett at a rebased rent.
• Office accommodation at first and second floor fitted to a high standard, let to the Whiskey & Wealth Club until March 2024, on an ex-act lease.
• Total income of £300,000 pa (58% derived from the retail and 42% from the offices).
• Freehold.
• Upper floors separately accessed from prime George Street, offering future asset enhancement opportunities.
• Offers in excess of £4,250,000 subject to contract and exclusive of VAT, which reflects a Net Initial Yield of 6.63% and a low overall capital value figure of £528 psf.