Restaurant unit to let in Richmond Upon Thames on a new lease with nil premium
The property comprises a four storey mid terraced building, above basement, of painted rendered elevations beneath a mansard roof.
Rental offers are invited for a new lease of the entire property. Alternatively a new lease of the ground and basement may be considered.
The three apartments at first, second and third floors are let on separate Assured Shorthold Tenancies and produce a combined annual income of £45,000.
The ground and basement of the subject property is entered in the 2017 Rating List with a Rateable Value of £101,000. The National Multiplier for England and Wales for 2020/21 is £0.512. The first, second and third floors have a council tax band D.
The property is not listed but is situated within the Richmond Hill Conservation Area.
The lease permits the use of the ground and basement as a restaurant (Class E) and the first, second and third floors as residential premises (Class C3).
The property has the benefit of a Premises Licence in accordance with the Licensing Act 2003. We understand that the premises are permitted to sell alcohol at the following times:
• Monday to Saturday: 11:00 to 00:00
• Sunday: 12:00 to 23:30
Fixtures & Fittings
The fixtures and fittings are excluded from the sale.
An EPC is in the course of preparation.
All figures quoted are exclusive of VAT.
All viewings must be arranged by prior appointment through the sole selling agents Savills.
+44 (0) 20 7409 8178
+44 (0) 20 7299 3088
33 Margaret Street
London W1G 0JD
EPC exempt - EPC has been commissioned, will be available in less than 28 days
|Floor / Unit||Type||Size||Status|
|Basement||-||1284 sq ft||Available|
|Ground||-||2531 sq ft||Available|