8 Hill Rise Richmond

Freehold commercial investment for sale fully let subject to a full 15 year repairing and insuring lease effective from 2023.

8 Hill Rise is located close to Richmond town centre.  Richmond main line station and Underground (District Line) are within easy walking distance.  The area is served by numerous bus routes.  Easy access is available to the national motorway network via the M3 and A3 respectively.

The accommodation comprises of the entire ground and first floor of the building. The building has been totally refurbished and fitted out to an exceedingly high standard.

Type
Investment
Tenure
Freehold subject to lease
Price
Offers in the region of £895,000
Rates
RV £27,250
Size
Ground floor 832 sq ft. 1st Floor 405 sq ft. Total 1,237 sq ft

Freehold commercial investment for sale fully let subject to a full 15 year repairing and insuring lease effective from 2023.

8 Hill Rise is located close to Richmond town centre.  Richmond main line station and Underground (District Line) are within easy walking distance.  The area is served by numerous bus routes.  Easy access is available to the national motorway network via the M3 and A3 respectively.

The accommodation comprises of the entire ground and first floor of the building. The building has been totally refurbished and fitted out to an exceedingly high standard.

Type
Investment
Tenure
Freehold subject to lease
Price
Offers in the region of £895,000
Rates
RV £27,250
Size
Ground floor 832 sq ft. 1st Floor 405 sq ft. Total 1,237 sq ft

Specification

Property Summary

  • 2 toilets
  • Small outdoor terrace
  • Great natural lighting

Investment Summary

  • Subject to 15 year full repairing and insuring lease from 2023 outside the Landlord and Tenant Act 1954
  • Annual rental £45,000
  • 5 yearly upward only rent reviews
  • 3 month rental deposit and personal guarantee from tenant.
  • Property not elected for VAT

Each party to bear their own legal costs

Contact

BSc MRICS
T020 8332 4591
M07780 678684
Eniall.christian@michaelrogers.co.uk

Further information

Specification

Property Summary

  • 2 toilets
  • Small outdoor terrace
  • Great natural lighting

Investment Summary

  • Subject to 15 year full repairing and insuring lease from 2023 outside the Landlord and Tenant Act 1954
  • Annual rental £45,000
  • 5 yearly upward only rent reviews
  • 3 month rental deposit and personal guarantee from tenant.
  • Property not elected for VAT

Each party to bear their own legal costs

Contact

BSc MRICS
T020 8332 4591
M07780 678684
Eniall.christian@michaelrogers.co.uk

Further
information

Niall Christian

BSc MRICS

Niall Christian is an experienced commercial Property Agent, having being involved in the market since his graduation in the mid 1980’s. He began his career at Montagu Evans and qualified as a Chartered Surveyor in 1988. He moved to Smith Melzack in the West End of London in 1988 and spent 14 years involved in all aspects of the office letting market in Central London, Suburban London and throughout England on behalf of major development clients and occupiers. Niall moved to Michael Rogers in 2002 where he continues to specialise in all types of commercial property and is one of the best-known and active agents in the locality.

T 020 8332 4591
M 07780 678684
V Vcard

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