Terms
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This distinctive late-Victorian former Gas Light & Coke Company building offers a rare freehold investment in the heart of Richmond-upon-Thames. The characterful two-storey structure features stone-trimmed blockwork and is situated on an expansive 0.2-hectare (0.7-acre) site. Currently let to a leading UK childcare operator, the property provides a secure income stream of £58,866 per annum. The lease runs until 2038, with a tenant break option in October 2028, which will be exercised. The building is functional across two levels: which includes play areas, an office, and staff rooms, while the first floor features a large play room, activity areas, and a kitchen.
Total area of 2,418 sq ft GIA across two floors
Significant 0.7-acre (0.2-hectare) site area
Private walled garden
Two off-road parking spaces
Secure income from a leading UK childcare operator
4.9% Gross Initial Yield with RPI-linked rent reviews
Future residential development potential (subject to planning)
James Adebayo on 07949 265 142 or at james@taproperty.co.uk
Kofo Adebayo on 07949 2401 680 or at kofo@taproperty.co.uk
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