Summary - 327 GROUND FLOOR FLAT UPPER RICHMOND ROAD WEST LONDON SW14 8QR
1 bed 1 bath Retail Property (high street)
Small high‑street retail with reversionary rent potential for investor buyers.
Let to Blink Optics Ltd on a 20‑year lease from 2017
A compact, income-producing high‑street shop in a busy Upper Richmond Road West parade, currently let to Blink Optics Limited on a long lease. The unit extends to around 450 sq ft with a glazed Edwardian shopfront, small rear yard and EPC Band B—suitable for continuation as a retail/service business or held as a straightforward investment.
The tenancy began in 2017 with a 20‑year lease and passing rent of £17,000 p.a.; five‑year rent reviews apply with the next review due in 2027. The 2020 review was not actioned and the current rent is understood to be below market, offering reversionary rental potential at the next review. The lease is within the Landlord and Tenant Act 1954 as understood, and the rent deposit was returned in line with the lease terms.
Ownership is on a share‑of‑freehold basis between the seller and two flat owners, with the seller’s lease dating from 1999 for 125 years. The building is an early‑20th‑century mid‑terrace with solid brick walls, double glazing and mains gas central heating. Off‑street parking is available nearby, and the location benefits from dense local population, excellent mobile and broadband connectivity and strong local amenities.
Notable drawbacks are the unit’s compact footprint and limited rear storage; the local crime level is recorded as high, and the property sits in a busy urban environment. Prospective buyers should verify lease details, service arrangements and the share‑of‑freehold structure, and note that onward use or alterations may require planning or change‑of‑use consent.
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