£375,000
(£349.16/sq. ft)
Restaurant for saleManor Road, Wallington SM6
1,074 sq. ft
Just added
About this property
Residenza are pleased to offer this freehold shop investment located in Wallington.
The ground floor commercial unit is let on an Fri lease from 15th September 2020 for a term of 15 years, producing £22,000 per annum, with rent reviews every 5 years. The ground floor and basement have recently been fully refurbished, including three-phase electricity.
The first-floor residential flat is sold on a long lease (175 years from 25th December 1997).
Key Details:
Tenure: Freehold
Price: £375,000
Commercial Income: £22,000 P/A
VAT: Not elected
Legal Costs: Each party to bear their own
Accommodation:
Ground Floor Retail: 622 sq ft
Basement: 418 sq ft
Total: 1,040 sq ft
A solid freehold investment offering secure income and long-term growth potential in an established South London location.
The ground floor commercial unit is let on an Fri lease from 15th September 2020 for a term of 15 years, producing £22,000 per annum, with rent reviews every 5 years. The ground floor and basement have recently been fully refurbished, including three-phase electricity.
The first-floor residential flat is sold on a long lease (175 years from 25th December 1997).
Key Details:
Tenure: Freehold
Price: £375,000
Commercial Income: £22,000 P/A
VAT: Not elected
Legal Costs: Each party to bear their own
Accommodation:
Ground Floor Retail: 622 sq ft
Basement: 418 sq ft
Total: 1,040 sq ft
A solid freehold investment offering secure income and long-term growth potential in an established South London location.
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Monthly repayment
£1,875 per month
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