£375,000

Retail Property (high Street) Commercial

Manor Road, Wallington, SM6

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First listed on: 12th February 2024

Nearest stations:

  • Hackbridge (0.8 mi)
  • Carshalton (0.9 mi)
  • Carshalton Beeches (0.9 mi)
  • Waddon (1.6 mi)
  • Sutton (London) (1.7 mi)

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Call: See phone number 0208 672 7979

Further Informations

Epc

Property Features

  • Prime Location
  • Excellent Investment Opportunity
  • Approx Yield 5.87%
  • Annual income ?22,000 per annum

Property Description

Tenure: Freehold

Residenza are proud to offer to the market this freehold shop investment opportunity in Wallington, SM6.

Ground floor commercial is let on a new FRI from 15th September 2020 for a term of 15 years at an agreed rental of ?22,000 P/A. Rent Review every 5 years. Recently completed a full refurbishment of the ground floor and basement including Three Phase Electricity.

The first floor residential is sold on long lease from 25th December 1997 for a term of 175 years.

Tenure: FREEHOLD
Price: ?375,000
Rental Income (Commercial): ?22,000 P/A
Legal costs Each party is to bear their own legal costs incurred in this transaction.

VAT: The property is not elected for VAT.

Accommodation Retail: 622 Sq/Ft
Basement: 418 Sq/Ft
GF & Basement Total: 1040 Sq/ft



Council Tax Band: TBC

Further Informations

Epc

Property Features

  • Prime Location
  • Excellent Investment Opportunity
  • Approx Yield 5.87%
  • Annual income ?22,000 per annum

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Price History

Listed prices are those submitted to us and may not reflect the actual selling price of this property.

Date History Details
15/02/2024 Property listed at £375,000
16/11/2022 Property listed at £395,000
24/08/2022 Property listed at £385,000
19/06/2022 Property listed at £395,000
09/06/2022 Property listed at £400,000
10/10/2021 Property listed at £425,000

Disclaimer

Disclaimer Property reference A6038D948849BC_550068. Details are provided and maintained by Residenza Estate Agents. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

This property is marketed by:
Residenza Estate Agents, Tooting

232 Upper Tooting Road

London

SW17 7EW

Tel: See phone number 0208 672 7979

Arrange Viewing with AgentArrange Viewing Check AffordabilityCheck Affordability

Disclaimer

Disclaimer Property reference A6038D948849BC_550068. Details are provided and maintained by Residenza Estate Agents. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

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This property is marketed by:
Residenza Estate Agents, Tooting

232 Upper Tooting Road

London

SW17 7EW

Tel: See phone number 0208 672 7979

Arrange Viewing with AgentArrange Viewing Check AffordabilityCheck Affordability
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