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143 Franciscan Rd 1,245 sq ft 92% Let Retail Property London SW17 8DS £1,200,000 (£963.86/sq ft)



Executive Summary
Mixed use freehold property.
Comprising commercial ground floor shop and 2 flats above, trading as a builders office, is currently let on a new FR and I lease for a term of 10 years at a rental of £19500 per annum.
2 Flats above let on AST agreements for 12 months, Flat 1 at £1,650.00 per month and Flat 2 at £2,000.00 per month, producing a rental income of £43,800.00 per annum from the residential part.
Total income from the property is £63,300
There is a Private garden at the rear of flat 1.
The upper 2 flats can be available with vacant possession if required.
The buyer to pay the seller's legal costs and disbursements in the transaction.
Offers in excess of £1.2m will be considered.
Property Type: Mixed Use
Full selling price: £1200000.00
Pricing Options: Offers in excess of
Tenure: Freehold
Council tax band: C.
Outside Space: Rear Garden
Heating Type: Central Heating
Chain Sale or Chain Free: Chain free
Possession of the property: Tenanted
Comprising commercial ground floor shop and 2 flats above, trading as a builders office, is currently let on a new FR and I lease for a term of 10 years at a rental of £19500 per annum.
2 Flats above let on AST agreements for 12 months, Flat 1 at £1,650.00 per month and Flat 2 at £2,000.00 per month, producing a rental income of £43,800.00 per annum from the residential part.
Total income from the property is £63,300
There is a Private garden at the rear of flat 1.
The upper 2 flats can be available with vacant possession if required.
The buyer to pay the seller's legal costs and disbursements in the transaction.
Offers in excess of £1.2m will be considered.
Property Type: Mixed Use
Full selling price: £1200000.00
Pricing Options: Offers in excess of
Tenure: Freehold
Council tax band: C.
Outside Space: Rear Garden
Heating Type: Central Heating
Chain Sale or Chain Free: Chain free
Possession of the property: Tenanted
Property Facts
Sale Type
Investment or Owner Occupier
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,245 sq ft
Costar Property Class
B
Year Built
1900
Price
£1,200,000
Price per sq ft
£963.86
Occupancy Rate
92%
Tenancy
Multiple
Number of Floors
2
Frontage
19 ft on Franciscan Road
1 1
Nearby Major Retailers
1 of 21
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143 Franciscan Rd
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