£2,400,000
(£400.00/sq. ft)
Retail premises for saleLondon Road, Norbury SW16
6,000 sq. ft
About this property
Residenza are pleased to present this fully let freehold mixed-use investment with future development potential (STPP), prominently located on London Road in the heart of Norbury.
The property comprises two ground-floor commercial units with four two-bedroom residential flats above, forming a well-balanced mixed-use asset with a strong tenant profile. The building is fully let and currently generates a total rental income of £175,700 per annum, reflecting an attractive gross yield of 7.17%.
Positioned on Norbury High Street, the property benefits from excellent footfall, strong visibility, and convenient transport links, within a vibrant residential and commercial area.
This presents a compelling investment opportunity with stable income and potential for future value enhancement (subject to planning permission).
Additional Information:
A 2% buyers fee is payable to the agent.
The property comprises two ground-floor commercial units with four two-bedroom residential flats above, forming a well-balanced mixed-use asset with a strong tenant profile. The building is fully let and currently generates a total rental income of £175,700 per annum, reflecting an attractive gross yield of 7.17%.
Positioned on Norbury High Street, the property benefits from excellent footfall, strong visibility, and convenient transport links, within a vibrant residential and commercial area.
This presents a compelling investment opportunity with stable income and potential for future value enhancement (subject to planning permission).
Additional Information:
A 2% buyers fee is payable to the agent.
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£12,005 per month
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