Commercial property for sale in Stafford Road, Wallington SM6
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Property features
- Investment let at £28,500
- P.a.
- Comprising of a ground floor commercial unit at ground floor and 1 x bedroom self contained flat at first floor
- Commercial unit let on fr&I lease at £16,500 p.a. And is an approx. 1,447 sq ft (134.4 sq m)
- First floor self contained flat let at £12,000 p.a. And is an approx. 608 sq ft (56.48 sqm)
- Development potential to add additional dwelling/s to the upper floors (subject to the requisite consents and existing leases)
- VAT free investment
- Completion 1st April 2024
Property description
Strapline
Auction Sale - 28/02/2024
Of interest to Investors and developers
A semi detached property comprising of a commercial unit on the ground floor and a 1 bedroom flat at 1st floor.
Possible future development potential to add additional dwelling/s to the upper floors (subject to the requisite consents and existing tenants)
Investment let at £28,500 p.a.
Description
Click here for virtual tour commercial unit
Click here for virtual tour of Flat
The building is a semi detached property situated on a busy and prominent neighbourhood retail area; comprising of ground floor commercial unit trading as a restaurant with a one bedroom self contained flat at 1st floor.
The first floor flat is accessed via the side of the property and there is an area to the front that can be utilised for car parking.
Nearby occupiers include a wide range of established local and independent retailers
Location
The property is located on the north side of Stafford Road and close to the junction with Milton Road.
Wallington Station is located an approx. 0.5 miles from the property
Transport
Wallington Station - National rail services
Tenancy
Please refer to Accommodation and Tenancy schedule
Accommodation
Please refer to Accommodation and Tenancy schedule
For more information about this property, please contact
Savills - National Auctions, W1G on +44 20 8022 4160 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Savills - National Auctions, and do not constitute property particulars. Please contact Savills - National Auctions 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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