Investment Properties for sale in South London

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Investment Property in South London

South London, London, England

  • Freehold Price: £379,000
  • Leasehold Price: £379,000
Seller Reference: NB-M5019
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Business Description
 
 
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Seller Reference: NB-M5019
Request Details
Business Description
Nationwide welcomes to the market this FREEHOLD INVESTMENT. Semi-detached property, main road trading position, densely populated residential & commercial area SE LONDON.

GROUND FLOOR DOUBLE FRONTED SALES SHOP operated as a Convenience Store with Full Free Off Licence

Staff w.c. & wash hand basin

Basement ideal for storage purposes

The ground floor sales area and basement we understand are let on a new full repairing and insuring lease for a period of 25 years from 2016 at a curent rental of £15,000 p.a. for the next 2 years with rent review at that time and thereafter every 5 years.

ASKING PRICE FOR THE VALUABLE FREEHOLD INVESTMENT £379,000 subject to contract
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT (Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote)

Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Lease : £379,000 Freehold : £379,000 (M5019)

www.NationwideBusinesses.co.uk

Tenure:
Leasehold, Freehold
Is accommodation included?:
The accommodation in the form of a SELF CONTAINED FLAT over is currently let on a shorthold tenancy & provides a rental of £950 p.a. The FLAT which does require some redecoration comprises:

1 Double Bedroom
Bathroom with bath, w.c. & wash hand basin
Lounge
KitchenSmall yard
Listed by:
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