Jordan Keating
jordank@jacksoncriss.co.uk
020 7637 7100
The Quadrant
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Richmond upon Thames is one of London's most popular and affluent boroughs, located just 8 miles (13 km) from central London.
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49% of Richmond's population are within the most affluent AB social group, significantly above the national average of 26%.
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The property is located on the northern end of the prime trading thoroughfare on the east side of The Quadrant, linking Richmond Railway Station and George Street.
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Richmond offers a vibrant retail scene with a mix of big brands and independent restaurants and boutiques.
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Freehold tenure comprising circa 12,745 square feet (1,184 sq m) of accommodation.
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Property is currently multi-let to five tenants, producing a current rental income of £365,000 per annum.
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The WAULT is currently 6.11 years to expiry.
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The property offers immediate reversionary potential, given recent letting evidence in the location.
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The upper floors are included, so there is future potential for increased massing, subject to the necessary planning permissions.
Tenure:
Freehold
Yield:
7.60 %
Price:
£4,500,000
Contact:
Philip Hay
07770 580 590
phay@jacksoncriss.co.uk
Rhodri Jones
07570 684 444
rjones@jacksoncriss.co.uk