Office for sale in Howson Terrace, Richmond Hill, Richmond TW10

Investment Summary:
* Located in the highly affluent London Borough of Richmond upon Thames
* Ground & first floor commercial building close to Richmond river side.
* Fully let to solicitors with a total income of £45,000 per annum
* Freehold
* Offers sought in the region of £895,000 subject to contract

Richmond is an established commercial centre with a host of national and international retailers, numerous bars and restaurants. Transport links are excellent.

The accommodation comprises of the entire ground and first floor. The unit has two toilets, small outside terrace and great natural lighting. The building has been fully refurbished and fitted-out by the existing tenant to an exceedingly high standard.

Ground floor 832 sq ft (77.3 sq m)
First floor 405 sq ft (37.6 sq m)
Total 1,237 sq ft (114.9 sq m)

The property is fully let to a firm of solicitors who hold an effective full repairing & insuring 15 year lease, subject to upward only rent reviews from 5 September 2023 at £45,000 per annum exclusive. The tenancy is protected by the Landlord & Tenant Act 1954. There is a three month rental deposit and a personal guarantee to be provided by a tenant. The property is not elected for VAT.
The property is situated in Petersham Road in an established commercial area. The property falls within a conservation area CA5.