- LONG LEASEHOLD INVESTMENT
- CURRENT INCOME £10,250 PER ANNUM
The property comprises a ground floor lock up shop unit benefitting from an aluminium and double glazed shop front, suspended ceiling with recessed strip lighting and air conditioning.
The premises are currently occupied by The Metropolitan Police as a Safer
Neighbourhood unit and has been
partitioned to provide a reception, meeting room, office, kitchen and staff room with WC and shower.
To the rear is a store room/cycle store with access to a small enclosed yard.
The subject property forms part of a small shopping precinct serving the Hampton Nurserylands housing scheme which was developed in the 1980’s. The parade serves the local community and comprises a Sainsbury’s supermarket, Boots
pharmacy and a hair salon.
The property has a total net internal floor area of 73.2 sq. m (788 sq. ft).
2017 Rateable Value: £9,600
For confirmation of rates payable, please contact the business rates department of the London Borough of Richmond upon Thames.
Offers in the region of £120,000 for the long leasehold interest.
The property is held on a long lease from 18th November 1980 for a term of 99 years.
There is an occupational lease to the
Metropolitan Police Authority at a rent of £10,250 per annum for a term expiring on 11th May 2021.