Studio flat for sale
Wallington, SM6
studio Flat
Property photos
+7
Property description
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: FREEHOLDPrice: ?375,000Rental Income (Commercial): ?22,000 P/ALegal 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/FtGF & Basement Total: 1040 Sq/ft
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Council tax
First listed
Over a month agoWallington, SM6
Marketed by
Residenza Estate Agents 232 Upper Tooting Road,London,SW17 7EWCall agent on 0208 672 7979
Placebuzz mortgage repayment calculator
Monthly repayment
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Wallington, SM6 - Streetview
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