Retail premises for sale in Cheam Road, Sutton SM1

Offers in region of £425,000 (£291.9/sq. ft)
Interested in this property? Call +44 20 4559 0084 * or Request Details

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Retail premises for sale

1,456 sq. ft*

Property features

  • Freehold Mixed-Use Investment
  • Total Building of 1,459 sq ft
  • 10-Year Fri Lease from April 2024 (no breaks) at a rent of £21k p.a.
  • Flat let on a AST to a private tenant at a rent of £11,160 p.a
  • Total Income of £32,160 p.a.
  • Sutton is a town in Greater London, located about 13 miles from City of London

Property description

Property Description

* Freehold mixed-use investment
* Retail unit of 975 sq ft arranged over ground floor
* First floor flat of 484 sq ft
* Total Building of 1,459 sq ft
* Street facing access to the flat

Location Description
* 10-Year Fri Lease from April 2024 (no breaks)
* To Choudry Mahroof Ahmed t/a Press 2 Dress Dry Cleaners
* A rent of £21,000 p.a. (topped up) with a review on the 5th year
* Flat let on a AST to a private tenant at a rent of £11,160 p.a.
* Total annual income of £32,160 p.a.

Additional Notes

* Sutton is a town in Greater London, located about 13 miles from City of London
* Cheam Road is one of the main thoroughfares in Sutton, It runs through the heart of the town
* A bustling street, lined with a mix of residential properties, shops, restaurants, and businesses.

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Prideview Group, HA7 on +44 20 4559 0084 * (local rate)

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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 Prideview Group, and do not constitute property particulars. Please contact Prideview Group 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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