Greyfriars Studios25 The Quadrant
Description
Greyfriars Studios is an 18,957 sq ft office-led, mixed use building located in the heart of Richmond, the affluent South West London Suburb. Richmond provides one of the UK’s most established and affluent commercial centres outside Central London and is home to a thriving business community. The office accommodation was completely refurbished and extended, with practical completion in September 2021, at a total cost of £5.75m (£305 psf) – including new M&E and entire new 4th floor.
The building is situated directly opposite Richmond Underground and Railstation, providing high connectivity to Central London with access via the District Line, Overground line and trains to London Waterloo (18 minutes). The building is fully let and comprises four ground floor retail units and four floors of Grade A office accommodation spread over 14,654 sq ft. Greyfriars Studios is fully-let to 3 office tenants (75% of income) & 4 retail tenants (25% of income). There is a limited supply of high quality office accommodation in the area, with the floor plates and location of Greyfriars Studios providing strong re-lettability potential.
The passing rent of £1,009,285 per annum (£53.24 per square foot).
Attractive WAULT to Expiry of 6.0 years (WAULT to Break of 4.5 years).
Outstanding retail and leisure amenity offering in the immediate area.
Overview
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ID 9228
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Type Property
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Size 18,957 SqFt