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Commercial property for sale in East Hill, Wandsworth, London

Sold STC

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Commercial property for sale

Property features

A mixed use freehold investment building
The current annual income totals - £79,278.75 pa
The reversionary annual income totals - £81,946.25 pa
The building totals 3426sq/ft (Excluding Flat D total- 2721sq/ft)
Excellent Transport Links
The property is elected for VAT

Property description

An opportunity to acquire a mixed freehold investment building, comprising of a commercial unit (E Class) and 4 residential apartments, located in Wandsworth, SW18. (Flat D- has been sold on a 150 year lease, from 2009)

The commercial is occupied by L.A. Nail Spa, who have a lease of 15 years running from 24/11/19

Flats A, B & C are all tenanted on ASTs

The building is 0.3 miles from Wandsworth Town Train Station, via National Rail this allows strong connectivity direct into London Waterloo within 18 minutes

Two of the three apartments have balconies to the rear of the building, which are South facing.

Gross Initial Yield - 6.6%

Floorplan(s): Floorplan

Floorplan View original

Transport Schools Healthcare Food stores Restaurants/bars Sports/health clubs Parks/recreation

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by James Pendleton, Land, New Homes & Investments Office, and do not constitute property particulars. Please contact James Pendleton, Land, New Homes & Investments Office 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.