Guide Price £360,000 Plus Fees For sale by unconditional online auction, registration is now open. Bidding opens on 24/09/2025 10:00 and ends on 24/09/2025 12:50.
For Sale by Online Auction on 24 September 2025 Ideal Investment Two Commercial Units £20,000 pa Rent Review on 22 is due on 25th August 2025 Fantastic Location Potential for SIPP purchase
Unique Freehold Investment with fantastic long term potential. The only two single storey commercial properties directly overlooking the famed Ham Common in this prominent position. This prestigious location in Richmond is within a short walk/close to Royal Richmond Park, Rivera Thames Ham Polo. On the main road and numerous buses stop within a few metres. Both units are currently under let at a total of £20,000 pa. Number 22 brings in £8,000 pa and is due a rent review on 25th August 2025, which is currently returning £12,000 pa. Both leases are until 2029. Potential for redevelopment, STPP.
The site has previously had a series of architects drawing and a positive meeting with the local planners with regards to: commercial, residential & mixed use development with an additional 2.5 stories. Plans can be seen in the listings images. Current class of use is Sui Generis and has previously been an A3 in part as number 22 was a cafe/bistro.
Benefits from Right of Way over adjacent property.
The properties are in a very prominent position off Ham Common and would make for an ideal commercial investment. There would be potential of purchasing using SIPP pension schemes or similar, subject to providers T&Cs.
A turn key commercial investment, with scope to further increase the rent.
The lots offer a variety of potential different uses/further developments but remains a viable commercial investment as is.
More information available in the legal pack.
Note: 2 of the photos are are pre-app plans which could be reinstated subject to the necessary consents being obtain.
Tenure Freehold
Terms
Legal Pack
To review the legal documents and to view the auction information click on the buttons at the bottom of this advert or visit our website tcpa.co.uk
UNCONDITIONAL LOT Exchange and administration fee information: (plus fees) Buyers Administration Fee Applies upon the fall of the hammer, the Purchaser shall pay a 10% deposit (subject to minimum of £5,000, whichever is the greater) and a Buyers Administration Fee of £1200 + VAT and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated in the legal pack or on the sales details). In addition to the purchase price, buyers may be required to pay additional fees, costs and charges - please refer to the legal pack.
Registration Process To register to bid on the property, find the property on the Town & Country Property Auctions website. Click onto the property, follow the link to “Log in/ register to bid”. You will then be directed to create an auction passport account with our online-bidding platform provider Essential Information Group.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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