Guide price
£375,000
(£336.54/sq. ft)
Restaurant for saleManor Road, Wallington SM6
1,040 sq. ft
Just added
About this property
Freehold commercial investment
£22,000 per annum rental income
15-year Fri lease from 15th September 2020
Rent reviews every 5 years
Comprehensively refurbished ground floor & basement
Three-phase electricity installed
Approx. 1,040 sq. Ft
VAT not elected
Residenza are delighted to offer this freehold commercial investment opportunity situated in the established South London suburb of Wallington. Producing a current rental income of £22,000 per annum, the property benefits from a secure 15-year Fri lease from September 2020 with rent reviews every 5 years, providing strong long-term income security for investors.
The commercial premises has recently undergone a comprehensive refurbishment of the ground floor and basement areas, including the installation of three-phase electricity, enhancing the usability and appeal of the space. The first-floor residential flat has been sold off on a long lease, creating a low-maintenance investment structure.
Offering approximately 1,040 sq. Ft of accommodation across the ground floor retail unit and basement, this represents an excellent opportunity for investors seeking a secure freehold asset with future growth potential.
Key Information:
Freehold commercial investment
£22,000 per annum rental income
15-year Fri lease from 15th September 2020
Rent reviews every 5 years
Recently refurbished ground floor & basement
Three-phase electricity installed
First-floor flat sold on 175-year lease
Approx. 1,040 sq. Ft
Ground floor retail: 622 sq. Ft
Basement: 418 sq. Ft
No VAT elected
The commercial premises has recently undergone a comprehensive refurbishment of the ground floor and basement areas, including the installation of three-phase electricity, enhancing the usability and appeal of the space. The first-floor residential flat has been sold off on a long lease, creating a low-maintenance investment structure.
Offering approximately 1,040 sq. Ft of accommodation across the ground floor retail unit and basement, this represents an excellent opportunity for investors seeking a secure freehold asset with future growth potential.
Key Information:
Freehold commercial investment
£22,000 per annum rental income
15-year Fri lease from 15th September 2020
Rent reviews every 5 years
Recently refurbished ground floor & basement
Three-phase electricity installed
First-floor flat sold on 175-year lease
Approx. 1,040 sq. Ft
Ground floor retail: 622 sq. Ft
Basement: 418 sq. Ft
No VAT elected
Mortgage calculator
Monthly repayment
£1,875 per month
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