Initial price	£395,000
18/07/25	£360,000
Price Change	-8.86%

This is an unconditional online auction for a unique freehold investment property, comprising two single-storey commercial units in a prime location overlooking Ham Common in Richmond. The units are currently let at a total of £20,000 per annum, with one lease due for renewal in August 2025. The property has potential for redevelopment, subject to planning permission, and benefits from a Right of Way over an adjacent property. The site has previously had a positive pre-application for a mixed-use development, and the current class of use is Sui Generis. The property is ideal for an investor looking for a turn-key commercial investment with scope to increase the rent, and could potentially be purchased using a Self-Invested Personal Pension (SIPP) scheme. The auction is scheduled for July 23, 2025, and the buyer will be required to pay a 10% deposit and a buyer's administration fee of £1,200 plus VAT upon the fall of the hammer.