Retail premises for sale in 7 White Hart Lane, Barnes SW13

Offers over £400,000 (£1,652.89/sq. ft)
Retail premises for sale 242 sq. ft*
Interested in this property? Call +44 20 7768 0224 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

* Located in highly affluent Barnes in the London Borough of Richmond upon Thames
*Ground floor shop next to Sainsburys Local
* Fully let to Maison Maioli on a 10 year lease, rent review and tenant only break option after five years.
* Total income of £20,000per annum
* Freehold
* Offers sought in excess of £400,000 (Four Hundred Thousand Pounds), subject to contract.

The property is located in The Little Chelsea area of Barnes in Richmond upon Thames. Richmond is one of the most affluent London suburbs, situated some nine miles south west of Central London. The A316, which is nearby, connects directly to the M3 and the general motorway network. The property is situated on White Hart Lane adjacent to Sainsburys Local and in the heart of the Little Chelsea Village. There is a general mix of retailers, cafes, beauticians etc. Barnes British Rail station is within a short distance.

The subject property is brick construction and is arranged over ground and two upper floors to provide a shop on the ground floor with storage and WC. The upper floors and rear of the shop have been converted into three flats and sold on long leases.

The ground floor is let toMaison Maioli on a 10-year lease with a rent reviw and tenant only break optin after five years at an annual rent of £20,000 per annum. There is a three month rental deposit.

The three flats have been sold on long leases at a total ground rent of £750 per annum. We have not been advised of any increase in the rental during the duration of the leases.

The property is not elected for VAT.

The unit has a rateable value of £8,100. The unit should qualify for small business rate relief.

We are instructed to seek offers in excess of £400,000 (Four Hundred Thousand Pounds) subject to contract.

Each party to bear their own legal costs.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Michael Rogers, TW9 on +44 20 7768 0224 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Michael Rogers, and do not constitute property particulars. Please contact Michael Rogers for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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