Investment
Greyhound House, 23 – 24 George Street, Richmond upon Thames
Rare 100% Prime Retail and Office Freehold Investment
- The property is an attractive historic and prominent buildingfronting 100% prime George Street, originally constructed in 1725
- Located in one of London’s wealthiest boroughs
- Grade II Listed, with 2 shops and 5 office suites above
- £600,057 per annumafter allowing for shortfalls – 54% retail and 46% office income
- WAULT of 6.7 years to expiry(3.6 to break)
- Freehold
- Excellent potential for future asset management
We will be seeking offers in excess of £7,500,000 subject to contract and exclusive of VAT. A purchase at this level reflects an attractive net initial yield of 7.50% and a low capital value per sq ft of £434.
For further information please contact agents: