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Summary

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.

Additional Information

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