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Key Features

• Prime Location
• A1 & A3 shop with residential above
• Other useage STPP
• Excellent footfall
• Residential income £15,600 per annum

Summary

Residenza are delighted to offer this to the business market on a prime location east facing premises with ground floor retail, office or A3 and includes residential upper. The property comprises a front sales/showroom area with further retail/office/work space to the rear. There is also a covered garden area. The unit was recently partly refurbished to a fairly good standard.
Postcode: SW17 8BD
EPC: Rating D
Floor Area: 1010 Sq/Ft / 94 Sq/M Retail
Floor Area: TBC for residential
Admin/Ref Fee £1,750.00 +vat

Location

A ground floor mid terraced A1 retail unit previously traded as a cake/crepe outlet.
Amenities Tooting Bec Underground station (Northern) within 1 minute walk Numerous bus routes stop outside the property. Excellent footfall
Previously used as a cake/Crepe retail unit. Available for any used STPP.
Tenure: The property is available on an existing lease expiring March 2026.

Accommodation Residential: 2 bedroom flat with separate kitchen and bathroom

Rent £25,000 per annum exclusive for complete building.

Current rental income from residential £15,600 per annum
Achievable Rental income from residential £19,800 after refurbishment

VAT: The property is not elected for VAT. VAT is not to be added to the rent.

Premium £70,000.00 - To be sold as vacant possession of retail unit and for residential either vacant or with current tenant on Assured Short-hold AST

Rates: TBC- May qualify for relief or reduction subject to application to Local Authority

Interested parties are recommended to make their own enquiries with Wandsworth Council.

Legal costs ingoing party is to bear their own and freeholders legal costs incurred in this transaction.

Viewing Strictly by appointment via sole agents: - Residenza Properties Ltd, 232 Upper Tooting Road, London, SW17 7EW

Additional Information

For further information on this property please call 0208 672 7979 or e-mail tooting@residenzapropertiesltd.com