5 High Street, Hampton Wick, Kingston Upon Thames, KT1 4DA

Description
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and lt;br / and gt;Freehold retail investment for sale with residential upper parts sold off on long leases. and lt;br / and gt; and lt;br / and gt;Ground floor restaurant/caf� with basement/ancillary storage and three residential apartments. and lt;br / and gt; and lt;br / and gt;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. and lt;br / and gt; and lt;br / and gt;Subject to Contract - Updated November 2023.
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and lt;br / and gt;Location
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and lt;br / and gt;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. and lt;br / and gt; and lt;br / and gt;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.
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and lt;br / and gt;Accommodation
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and lt;br / and gt;Commercial - Commercial unit operating as a caf�, let to Dairo Limited for ten years from 2021 under the terms of an effective FRI lease at and #163;24,000 pax increasing to and #163;33,500 in Aug 2024. and lt;br / and gt; and lt;br / and gt;Residential - Three residential apartments sold off on long leases for 125 years from 2004 each paying a ground rent of and #163;100 pa.
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and lt;br / and gt;Legal Costs
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and lt;br / and gt;Each party to bear their own professional costs.
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and lt;br / and gt;Terms
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and lt;br / and gt;Offers in excess of and #163;350,000 plus VAT.
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and lt;br / and gt;1,513 sq ft
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and lt;br / and gt;Offers in excess of and #163;350,000
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and lt;br / and gt;Excellent transport links
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and lt;br / and gt;Increasing rent in 2024
( Agency Pilot Software ref: 14 )