Freehold London Retail & Residential Investment with Re-development Opportunity
Summary
- Includes 2 Retail units and 2 self-contained flats
- Medium Term Residential Re-development potential - Subject to unsual planning consents
- Highly affluent and attactive SW London suburb
- Approx Site area 0.05 hectares (0.11 Acres)
- Prominent Frontage on Sheen lane
- Close to Mortlake Station (c.250 metres) direct access to London Waterloo
- Neighbouring occupiers include Waitrose, Boots, Gails,Superdrug & Cafe Nero.
Location
East Sheen is an affluent and desirable south-west London suburb within the London Borough of Richmond upon Thames. The area benefits from excellent communications via the A205 (South Circular Road) and via South- West Trains' Mortlake Train Station some 250 metres north of the property.
The property is prominently situated on the west side of Sheen Lane approximately 50 metres north of its busy junction with Upper Richmond Road
West (A205 South Circular Road), which together with Sheen Lane forms East Sheen’s principal retail centre, providing an eclectic range of national and independent retailers, cafés, restaurants and other amenities. Richmond Park and the River Thames are also within easy reach. Neighbouring occupiers include Waitrose, Boots, Gail's, Superdrug and Cafè Nero.
Get directions from Google Maps
Mainline Stations
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Mortlake4 mins
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Barnes Bridge15 mins
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North Sheen17 mins
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Barnes21 mins
Underground Station
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Mortlake4 mins
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Barnes Bridge15 mins
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North Sheen16 mins
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Chiswick21 mins
Further Information
Price £1,500,000 Auction 29th October 2026
Rates Payable Upon Enquiry
Description
The property comprises a substantial mixed-use Victorian building providing two retail units on the ground floor, together with a self contained one-bedroom flat and a two-bedroom maisonette on the upper floors.
The property benefits from a site area of approximately 0.05 Hectares (0.11 Acres) with a prominent frontage to Sheen Lane and has a potential for a
substantial residential medium term redevelopment (subject to obtaining the required consents).
Tenancy Schedule & Accomodation :
76 Sheen Lane Ground Retail Use Floor Area : 196.93 sq.m (2,119sw ft) Tenant : MASTERING MATHEMATICS LIMITED (CRN SC729205) t/a Mathnasium (2)
Tenant Term 10 years from 29/11/2024 (3) Rent PAX £26,500 Rent Revew 29/11/2029 ( Reversion 28/11/2034)
78 Sheen Lane Ground Retail Use Floor Area: 126.20 sq m (1,358 sq ft) Tenant : LADBROKES BETTING & GAMING LIMITED (CRN 00775667) t/a Ladbrokes (4) In occupation for over 25years. 5 years from 29/09/2025 (5) Rent PAX : £25,000 Rent Review 29/09/2028 (Reversion 28/09/2030)
76 Sheen Lane First x 1 bedroom flat 49.00 sq m (527 sq ft) INDIVIDUALS Periodic Tenancy Rent PA : £19,500
-78a Sheen Lane First/Second x 3 bedroom maisonette 121.00 dq m (1,302)ft2 INDIVIDUALS Periodic Tenancy Rent PA: £26,400 (Reverision 30/10/2026)
Total Approximate Floor Areas ; 493.13 sq m (5,306 sq ft ) Total Rent PA : £97,400
(1) The commercial floor areas stated above are those published by the Valuation Office Agency/HMRC (www.voa.gov.uk). The residential floor areas are those published in the Energy Performance Certificates .(https://www.gov.uk/find-energy-certificate).
(2) Mathnasium is an international maths tuition provider offering personalised maths instruction to children aged 4–16. Founded in 2002, Mathnasium now operates over 1,200 learning centres worldwide (www.mathnasium.co.uk).
(3) As for Mathnasium, the lease provides for a Tenant's option to determine the lease on 29/11/2029, subject to serving six months' notice.
(4) LADBROKES BETTING & GAMING LIMITED (CRN: 00775667) is part of Entain plc, one of the world’s largest sports betting and gaming groups. Ladbrokes and Coral form part of Entain's UK retail network of over 2,400 shops. For the year ended 31 December 2024, the company reported a Revenue of £1,013,100,000, Pre-Tax Profit of £146,900,000 and Net Assets of £1,326,100,000 (Annual Report and Financial Statements as published on Companies House: 09/09/2026).
(5) As for Ladbrokes, the lease provides for a Tenant's option to determine the lease on 29/09/2028, subject to serving six months notice.
(6) As to the flat at 76a Sheen Lane, the Tenant has served notice to determine the residential tenancy on 30 October 2026.
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
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