£375,000
Manor Road, Wallington, SM6
- 0 beds
£375,000
- 0 beds
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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
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