Greater London office investment

Compelling office investment opportunity with reversionary and asset enhancement potential, prominently located in the prime Greater London submarket of Richmond. Exceptionally-well positioned in the heart of Richmond town centre, adjacent to the high street and situated a four minute walk from Richmond Station. The property is prominently positioned on a 0.53 acre site and comprises a self-contained office building arranged over ground and four upper floors totalling approx. 28,790 sq ft NIA. The property is fully let to six tenants providing a WAULT of 3.6 years to expiries and 2.5 years to breaks. Total passing rent of £1,217,784 pa equating to a low average passing rent of £43.45 per sq ft. Significant reversionary potential with the average passing rent at a 28% discount to Richmond’s achieved headline rental levels of £60.00 per sq ft. Numerous repositioning opportunities to enhance the building further such as additional massing, subject to local planning consents.