Studio for sale in Epsom Road, Sutton SM3
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Property features
- Retail office/shop unit
- Lock up to rear
- Planning for a one bedroom house to rear
- Investment opportunity
Property description
Offered for sale is this unusual proposition of a retail shop in a small but busy parade of mixed use shops. The office to the front was receiving a rent Circa £14,000 P/A until very recently. In fact only a couple of weeks ago . The tenants only left because of the upcoming sale of the property.
There is a small office area and a larger lockup to the rear that has just received planning permission for a one bedroom house to be erected in its place.
There is a flat above the shop that although is not included in sale, is part of the overall freehold interest. This has no ground rent but the lease I have been informed has 65 years remaining so there will be a not insignificant value in a future marriage value when the lease requires renewing.
This could be an ideal work live project for someone or a company. Or a buy to let investment. The present owners are a building firm and would even offer an advantageous build cost if desired.
Property info
For more information about this property, please contact
C James & Co, SW17 on +44 20 3544 2470 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by C James & Co, and do not constitute property particulars. Please contact C James & Co for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.