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Star And Garter 4-6 Lower Richmond Rd 7,500 SF 100% Leased Office Building London SW15 1JN $3,980,400 ($530.72/SF)
Investment Highlights
- Last used as a public house (previously A4, now sui generis) and closed in 2020.
- Extensive 32m frontage to both the Lower Richmond Road and Putney Embankment.
- Five storey Victorian building over basement, ground and four upper floors.
- Existing building dates from c.1900.
- The existing site extends to approximately 0.081 acres.
- Located within the Putney Embankment Conservation Area but is not listed.
Executive Summary
Situated in a highly desirable position immediately fronting the River Thames, overlooking Putney Bridge. Immediate proximity to Putney’s commercial centre with its broad array of retail and hospitality outlets. Excellent transport links into Central London with Putney Underground Station and Putney Bridge Mainline Station both nearby. Putney Pier is also directly outside of the property which is served by the Uber by Thames Clipper boats. Existing property is arranged across basement, ground and four upper floors extending to a gross internal area (GIA) of approximately 14,900 sq ft. Full planning consents to create either residential apartments or hotel bedrooms above a cafe wine bar use infilling a void over the first floor ballroom and significantly increasing the size of the fourth and fifth floors with additional new build accommodation increasing the GIA by 26%-33%. The residential led consent creates 8 private residential apartments above the cafe wine bar to increase the GIA of the building to 19,778 sq ft (+33%), providing a residential net saleable area (NSA) of 10,606 sq ft. The hotel led consent creates a 24 en-suite hotel bedrooms above a ground floor bar and restaurant which increases the GIA of the building to 18,708 sq ft (+26%)
Property Facts Sale Pending
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
7,500 SF
Building Class
B
Year Built
1787
Price
$3,980,400
Price Per SF
$530.72
Percent Leased
100%
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
1,250 SF
Amenities
- 24 Hour Access
- Security System
- Waterfront
- Kitchen
- Storage Space
- High Ceilings
- Open-Plan
- Secure Storage
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Star And Garter | 4-6 Lower Richmond Rd
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