46-50 The Quadrant & 10 The Square 4 inmuebles | Local en venta a 5.156.001 € en varias ubicaciones

46–50 The Quadrant and 10 The Square comprise a prime freehold retail block located in the heart of Richmond upon Thames, one of London’s most affluent and desirable town centres. The property occupies a prominent position towards the northern end of The Quadrant, a primary retail thoroughfare linking Richmond Station and George Street, with additional frontage onto The Square.
The building forms an unbroken parade of five retail units, arranged over part basement, ground and upper floors, extending to approximately 12,745 sq ft in total. Four units front The Quadrant, with one unit fronting The Square, creating strong visibility and diversified frontage within the Central Richmond Conservation Area. The surrounding pitch is characterised by a vibrant mix of national retailers, independent brands, restaurants and cafés, benefiting from consistently high footfall driven by commuters, local residents and visitors.
The property is fully let to five tenants, producing a current income of £365,000 per annum with a WAULT of 6.11 years to expiry, and offers reversionary rental growth potential. The inclusion of the upper floors also provides longer-term asset management and development upside, subject to the necessary consents, in a tightly held and supply-constrained retail location.