Investment Properties for sale in Wallington

View the "2 Bernard Road, Wallington, SM6 0TU" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 I had a great response from potential buyers which resulted in 3 offers for my business. 

Peter Webber (March 2014)
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Freehold Price: £169,995 Price Reduced
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Business Description
Approximately 6% Return..... Freehold Investment available on this ground floor, corner plot, A1 retail shop premises situated in primarily a residential area. Gross Internal Area approx: 57.99m² = 624.20ft². Currently trading as a dog groomers. Freehold offers sought £169,995
A1 Retail Shop.

Tenants are in occupation under a new 15 year lease paying a rental of £9,300 Year 2 (2016), £9,600 Year 3, £10,800 Years 4 and 5. Break clauses at years 5 and 10.

Property comprises reception area, second room consisting of large sinks for washing/grooming of pets, cages, additional room to rear with kitchenette and staff WC. Fire exit. Strip lighting, non slip flooring. UPVC double glazed, GFCH with combi boiler. Forecourt carparking area to the front of the property which could be fenced off to create a garden area.

There is no land to the rear and the flat above has been sold off on a long lease.

Offers in the region of £169,995 for the freehold interest

Business Rates: These will be the responsibility of the tenant. However, should the property become vacant, the property has a Rateable Value of: £4,900 but actual rates payable are: £2,028.60 per annum. New businesses maybe able to apply for Transitional Relief.
Tenure: Freehold

Location Details:

Good corner plot situated in primarily a residential area. Free onstreeting parking immediate opposite the subject premises.

Listed by: csj estate agents
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