OFFICE FOR SALE - RARELY AVAILABLE IN SOUTH WEST LONDON
- Rarely available in South West London
- Ground floor
- Contemporary modern finishes
- On-street permit car spaces available
- Mortlake BR Station circa 340 m
- River Thames setting
- Virtual freehold for sale
- Undercroft gated cycle spaces available
Each unit is located on the ground floor of traditional Victorian property dating from 1877, which we understand was originally part of a malthouse development. The subject property enjoys direct frontage onto Mortlake High Street.
The property measures 595 – 2,617 ft² GIA.
Each property is available to purchase on a ‘virtual freehold’ basis; namely on a 999-year lease from 24 March 2000 at a peppercorn rent.
REDUCED SALE PRICE
65a - £315,000 + VAT
65b - £330,000 + VAT
67 - £695,000 + VAT
On-street business car parking permits are available from London Borough of Richmond, who wish to support and encourage employment generating uses in the Borough. Permits are reasonably prices for businesses in Zone M, being £155 pa for the first car, £234 pa for the second car, and £310 pa for the third car upwards. Up to 5 business permit spaces are available with no 61. Business permits can be used throughout the CPZ Zone M, (not just in spaces allocated for business use), which are otherwise only controlled during the hours of 9.00 – 11.00 Monday to Friday. Visitors and employees needing space outside these restricted hours may park in allocated CPZ zones free of charge.
Rating: D (91).
According to the Valuation Office Agency website the Rateable Values of the units are as follows: -
65a: Rateable Value: £9,600; Rates Payable 2020/21: £4,915.20 per annum
65B: Rateable Value: £10,250; Rates Payable 2020/21: £5,248.00 per annum
67: Rateable Value: £22,500; Rates Payable 2020/21: £11,520.00 per annum
From April 2017 small business relief on rates could be available for occupiers with no other business premises, resulting in no business rates being payable in the next rating year.
All applicants are advised to make their own enquiries through the London Borough of Richmond upon Thames billing authority.
This property is not suitable for residential conversion, as it has been identified by London Borough of Richmond as being worthy of employment generating protection from Permitted Development rights, (by way of Article 4 exemption).
For further information or viewings please contact joint agents Vokins (020 8400 9000) or Featherstone Leigh (020 8332 2707).
Situated within the London Borough of Richmond upon Thames, Mortlake is an established, attractive and desirable south west London location. It is situated approximately 6 miles from central London and is bounded by Chiswick to the north, East Sheen to the south, Barnes to the east and Richmond to the west.
Mortlake enjoys good transport links with Barnes Bridge mainline railway station circa 850m to the north east and Mortlake mainline railway station circa 340m to the south west of the site, providing regular services to Richmond (4 minutes) and London Waterloo (23 minutes).
Mortlake is served by various bus routes with a bus stop a few metres away from the main entrance to the site offering access to the 419 (Richmond to Hammersmith), 969 (Roehampton Vale to Whitton) and the N22 (Fulwell to Piccadilly Circus).
Road links from Mortlake are also very good; Junction 1 of the M4 is approximately 2 miles to the north and can be accessed via Mortlake Road (A205). The M3 is approximately 7.5 miles to the south