Office for sale in Parkshot, Richmond TW9

Investment summary:
* Located in the highly affluent London Borough of Richmond upon Thames
* Prime area close to Richmond Green and Richmond train station
* Part let on short flexible leases
* Total income of £58,133 per annum
* Freehold
* Asset management / development potential
* Offer sought in the region of £2,000,000 (Two Million Pounds) subject to contract & exclusive of VAT

Richmond is an established commercial centre with a host of national and international retailers, numerous bars and restaurants and an excellent leisure offering.
Marcar House is located on Parkshot in Richmond town centre. The building is in a prime position a few minutes walk from Richmond station and close to Richmond Green.
The building comprises a four-storey main building with single storey and two-storey extensions at the rear. The property was refurbished and extended in 1975 and has since benefited from various internal updates.

The property has the following approximate floor areas:
Floor Description Sq Ft Sq M
Basement Storage 273 25.36
Ground rear Office 1,420 131.92
Ground S Office 655 60.85
Ground R Office 244 22.67
First Upper Office 964 89.56
First 2 and 3 Office 355 32.98
Second Office 1,159 107.67
Total 5,070 471.01

Tenancy Schedule:
Floor Tenant Lease expiry Rent pa excl.
Basement Vacant
Ground rear Vacant
Ground S Marcar Steel & Engineering Ltd 05.08.26 £17,569
Ground Voodooh Limited 16.01.25 £ 7,564
First Vacant
First Vacant
Second Tanner Design Ltd 01.09.27 £33,000
Total £58,133

There are considerable asset management possibilities. Outline plans have been drawn up for residential use subject to planning.
We are instructed to seek offers in excess of £2,000,000 (Two Million Pounds), subject to contract & exclusive of VAT.