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Putney – Freehold mixed-use development opportunity

166 Upper Richmond Road, Putney, SW15 2SH

Offers in excess of £2,000,000

Property Type:
Development Opportunity
Tenure:
Freehold

Description

  • Freehold mixed-use development opportunity in southwest London
  • Prime Putney Town Centre location
  • The existing building totals approximately 341.2 sqm (3,672 sqft) and comprises a five storey office building fronting Upper Richmond Road
  • Putney Station (Overground) is within 150m (0.1 miles) and East Putney (District Line) is within 300m (0.3 miles) of the property
  • The basement, first, second and third floors are currently tenanted with a total current passing rent of £53,275 per annum
  • Vacant possession of the whole building obtainable in April 2019
  • Planning consent approved for demolition of existing five storey building and redevelopment of six-storey mixed-use development to provide office space at lower ground and ground floors extending to approximately 200 sqm (2,150 sqft) and 5 x two bed residential flats above providing an approximate NSA of 433 sqm (4,655 sqft)
  • Putney High Street is a short walk away providing ample local amenities