198 St. Ann's Hl 787 sq ft 100% Let Retail Property London SW18 2RT £750,000 (£952.99/sq ft)

St Ann’s Hill leads off the junction of Wandsworth High Street and East Hill (A3 – South Circular Road) to the south of Wandsworth town centre.
The property is situated within 100m of Wandsworth High Street on the junction of Ridgmount Road. It is close to Wandsworth Town Hall and South Thames College and is within a popular residential area. Southside shopping centre and leisure complex is within 5 minutes walk. Wandsworth Town station is 10 minutes walk and there are numerous bus routes through Wandsworth to surrounding centres.
The property is an end of terrace Victorian period building which comprises a corner shop unit and rear garage store operating as a coffee shop / café and a residential flat on the first and/second floors. The shop unit has a front customer seating and serving area which provides 25-30 covers. It has a main frontage to St. Ann’s Hill and a return window frontage to Ridgemount Road with pavement seating. The rear kitchen provides cooking and preparation space. There is access to a small rear yard which leads to a single WC and to the garage/store and small office. The upper flat has an entrance to the side of the building through a shared corridor to a private entrance door. The flat comprises living room, kitchen, shower room and separate WC to the
first floor and two bedrooms to the second floor.
Current Gross income £31,200 per annum

TENANCY SCHEDULE

Ground floor shop cafe
Let on a 10 year lease from 18 December 2020 at a rent of £12,000 p.a. subject to review on the
6th anniversary of the lease. Rent review 18 December 2026 – estimated rent £15,000 p.a.

Rear garage store/office
Let on an 8 year lease from 3 November 2022 at a rent of £6,600 p.a. with no review.

First / Second floor flat—198a St Anne’s Hill
Let on an AST agreement at a rent of £1,050 pcm (£12,600 p.a.) N.B. APT now subject to the
provisions of the Renters Rights Act 2026. Estimated market rent £1,500 pcm