5 High Street, Hampton Wick, Kingston Upon Thames, Greater London, KT1 4DA
Property details
Freehold retail investment for sale with residential upper parts sold off on long leases.
Ground floor restaurant/café with basement/ancillary storage and three residential apartments.
Sale will be subject to the leaseholders not excursing their Rights of First Refusal following service of the formal notice at the agreed purchase price.
Subject to Contract - Updated November 2023.
Location
Retail/ Residential investment located in the affluent suburb of Hampton Wick, in the London Borough of Richmond upon Thames. The property is located on a busy high street, close to many other restaurants, pubs, and similar uses.
5 High Street benefits from great communications being within a very short walking distance of Hampton Wick Train Station (serving South Western Line) and within a short driving distance of M3 and M25, approx 10 miles from Central London.
Accommodation
Commercial - Commercial unit operating as a café, let to Dairo Limited for ten years from 2021 under the terms of an effective FRI lease at £24,000 pax increasing to £33,500 in Aug 2024.
Residential - Three residential apartments sold off on long leases for 125 years from 2004 each paying a ground rent of £100 pa.
EPC
D 99
Legal Costs
Each party to bear their own professional costs.
Terms
Offers in excess of £350,000 plus VAT.
Key features
1,513 sq ft
Offers in excess of £350,000
Excellent transport links
Increasing rent in 2024
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