Key features
- A mixed use, freehold investment in Clapham, SW4, comprising A1 rental income and ground rents from retail, office and residential units.
- Ground rent summary: 6 residential units @ £300 each per annum, 1 office unit @ £300 per annum – total ground rent £2100 per annum
- Current A1 business not affected by sale - Passing retail rental of £47,000 per annum - Lease expires 2021 - Inside the Landlord and Tenant act 1954
- Total rent and ground rent income amounts to £49,100 - A sale at £725,000 represents a gross yield before any costs of 6.78%
Description
Nearby occupiers include Costcutter, Sainsburys, Ladbrooks, Morrisons, Yamaha and William Hill.
Similar properties in the area
Commercial Property for sale
Broadway House, 21 Broadway, Maidenhead, Berkshire, SL6 1HZ
5253.04 sq. ft (488.02 m²)
The property occupies a prominent position in Maidenhead Town Centre at the junction of Broadway and Queen Street, and adjacent to the Nicholson Centre shopping precinct. To the opposite side of Broadway is the location of The Landing, comprising 429 h...
Commercial Property to let
South Kensington Restaurant, Kensington, SW7
4500 sq. ft (418.06 m²)
Please contact us for full details.
Commercial Property to let
Arch 2 - Gales Gardens, Gales Garden Arches, London, E2 0EJ
Please contact us for full details.
Commercial Property to let
Confidential Nightclub, London, London, WC2
Please contact us for full details.
Request a valuation of your property from local experts
Enquire now