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23 Woodcote Rd 2,387 sq ft Retail Property Wallington SM6 0LH £350,000 (£146.63/sq ft)
Investment Highlights
- Freehold Mixed Use Investment.
- Well situated on the towns principle throughfare.
- Comprising a shop and 2 bedroom maisonette.
- Located in a popular London Suburb.
- Let on a lease expiring 2032(1) subject to RPI linked Rent Review.
- VAT is applicable.
- RPI linked Review 2027.
- Investment let at £32,500 p.a. (9.28% GIY on Guide Price).
Executive Summary
The property is arranged over ground and part first floor to provide a ground floor shop towards the front with a self-contained 2 bedroom maisonette to the rear over ground and first floors. The upper parts comprise 3 x residential flats each sold off on long leases.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bank
Property Size
2,387 sq ft
Costar Property Class
B
Year Built
1950
Price
£350,000
Price per sq ft
£146.63
Tenancy
Single
Number of Floors
4
Plot ratio
3.97
Total Plot Size
0.01 ac
Frontage
16 ft on Woodcote Road
Amenities
- Storage Space
Major Tenants
- Tenant
- Industry
- sq ft Occupied
- Rent/sq ft
- Lease End
- Barbers
- Service type
- 1,000 sq ft
- -
- Jan 2033
- Cobblers Awl
- Professional, Scientific, and Technical Services
- 1,387 sq ft
- -
- Jan 2028
| Tenant | Industry | sq ft Occupied | Rent/sq ft | Lease End | ||
| Barbers | Service type | 1,000 sq ft | - | Jan 2033 | ||
| Cobblers Awl | Professional, Scientific, and Technical Services | 1,387 sq ft | - | Jan 2028 |
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Nearby Major Retailers
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23 Woodcote Rd
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