Commercial property for sale in 22 Woodcote Road, Wallington, Surrey SM6

£975,000
Commercial property for sale
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Property features

  • Mixed-use unbroken freehold
  • Arranged as 4 self-contained flats & a shop
  • Newly extended/refurbished with all warranties
  • Currently entirely vacant
  • Estimated Rental Value: £64,600 pa
  • Guide Price: £975,000 f/h
  • 6.63% blended gross yield (with 76% of income from residential)

Property description

An extremely rare opportunity to purchase an unbroken mixed-use freehold building, located right next to Wallington Train Station and fronting the busiest section of Wallington's High Street.

The property comprises 4 self-contained apartments and a commercial unit. See schedule of accommodation (left) with a breakdown of the units and their Estimated Rental Values (erv) etc. Please note that all the residential units are entirely self-contained, and have been newly extended and refurbished throughout (including a 10 year new build warranty). As such, the property is currently vacant, and is to be handed over ready to be let out.

In summary, this property makes the perfect investment. The commercial unit is in a busy position but also affordable, and therefore will always be occupied. The residential units are all self-contained and are relatively small (1 or 2 beds), but are right next to a well-connected Train Station and good High Street, and therefore will always be let too. Furthermore, the property is in an area that is almost guaranteed to see capital growth over the coming years - what more could an investor ask for !

Property info

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For more information about this property, please contact
Acorn - London Bridge Commercial, SE1 on +44 20 8166 3061 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Acorn - London Bridge Commercial, and do not constitute property particulars. Please contact Acorn - London Bridge Commercial 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.

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