FREEHOLD INVESTMENT

Price:

Freehold - £180,000

Seller Ref:

M3500

Location:

London, South London

Business Type:

Commercial Property

See Other:

Investment properties for sale in London
Vacant premises for sale in London
Commercial property for sale in London

Description:

THE BUSINESS:

Nationwide are pleased to offer to the market : Comprising 4 brickbuilt garages with first floor areas. In addition there is a leanto car port used for storage.

We understand the building some years ago was a stable block and is at present used as workshops plus sprayshop.

We understand the freehold also includes the service road to the garages, however, we understand that the occupiers of the parade of shops have right of way to their premises.

We understand the garages are at present let on a Tenancy Agreement which we understand is within the Landlord & Tenant Act. The present agreement having approximately 3 years unexpired and providing a rental income of £12,000 p.a. exclusive of rates.

RECOMMENDED FOR EARLY INSPECTION

OFFERS INVITED FOR THE FREEHOLD PROPERTY INVESTMENT in the region of £180,000 subject to contract.
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Location Details:

Situated behind a parade of shops, just off the main London Road, LONDON, SW