£1,445,000
(£791.56/sq. ft)
Retail premises for saleThe Cut, London SE1
1,636 sq. ft
About this property
Freehold
Good Transport Links
Mixed use investment
A rare opportunity to purchase a freehold, mixed use investment with a ground floor retail unit (class E), recently tenanted by "Buns from Home" bakery, on a 15 year lease with 5 yearly rent reviews currently paying £45,000 per annum, and a seperate 3 bedroom maisonette on the 1st and 2nd floors, with a private south facing roof terrace on the 1st floor, and street level front door. The 3 bedroom maisonette is presently let on a yearly AST agreement and yielding an annual rent of £43,000. In the event of a sale the tenants can be given 2 months notice to hand over vacant possesion as agreed in the AST agreement. The total annual yield is £88,000 per annum.
The Cut is a semi pedestrainised street, well known for its array of shops, cafes, bars and restaurants, also a destination for theatre goers to the Old Vic and Young Vic theatres.
Southwark station is a 2 minute walk, and Waterloo 3 minutes.
Viewing by appointment. Sole Agents
The Cut is a semi pedestrainised street, well known for its array of shops, cafes, bars and restaurants, also a destination for theatre goers to the Old Vic and Young Vic theatres.
Southwark station is a 2 minute walk, and Waterloo 3 minutes.
Viewing by appointment. Sole Agents
Mortgage calculator
Monthly repayment
£7,228 per month
Whole of market comparison
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