Sales

70-72 George Street & Shearwater House

Richmond Upon Thames TW9 1HE
Prime, Freehold Retail & Office Investment Opportunity
  • Richmond upon Thames is one of the capital’s most sought-after residential and commercial destinations.
  • In 2026 Richmond upon Thames was named as London’s best place to live by The Sunday Times.
  • Rare opportunity to acquire a mixed-use, freehold town centre ownership, comprising a total of 24,856 sq ft (GIA) of well-configured retail and office accommodation.
  • The property comprises arguably the most attractive and prominent retail holding within Richmond.
  • 100% Prime trading position on George Street, benefitting from extremely high levels of prominence and footfall.
  • Very secure retail income from URBN UK Limited t/a Anthropologie until 24th December 2030.
  • Diversified office income from established occupiers including Handelsbanken plc, Darrall MacQueen Ltd and Minesoft Ltd.
  • Strong covenant profile, with 100% of income received from tenants rated CreditSafe ‘A’.
  • Low average office rent of £53.62 per sq ft.
  • WAULT of 3.7 years to expiry and 2.9 years to break, providing near-term asset management opportunities.
  • Total current income: £897,991 per annum.
  • Freehold.

Offers are sought in excess of £11,000,000 (Eleven Million Pounds), subject to contract and exclusive of VAT. Allowing for standard purchaser’s costs of 6.70%, a purchase at this level would reflect a Net Initial Yield of 7.65%and a low Capital Value of £442 per sq ft (based on GIA).

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