Investment Properties for sale in Balham

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Imran Ahmed (Nov 2014)
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Freehold Price: £1,000,000 Price Reduced
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Business Description
A mixed use commercial and residential end of terrace property with great potential for sub division (subject to any necessary consents) located within a minutes walk of Balham tube station and main shopping centre. The upper floors are let on AST while the ground floor is let to an Indian takeaway from the 12th May 2011 ending on the 11th May 2026 (with 5 years reviews) with a passing rent of £17,000pa on full repairing and insuring terms. We understand from the vendors that the adjoining property which is of a similar size and layout was converted into three residential units some years back. There is an advertising boarding on the side of the property however we understand this contract ended some years back and has not been renewed. Freehold: £1,000,000.
Tenure: Freehold

Listed by: csj estate agents
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