Residential Investments for sale in Putney

View the "FREEHOLD INVESTMENT FOR SALE ACHIEVING 8% YIELD OR ALTERNATIVELY POTENTIAL FOR RESIDENTIAL RE-DEVELOPMENT - SUBJECT TO GRANTING OF LOCAL PLANNING CONSENTS i.e. studio/1 bedroom flat." below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 Unbelievable, as I've saved hundreds on agents fees, by doing it myself. 

Anjam Hussain (Jun 2017)
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Freehold Price: £300,000
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Business Description
Dear Sirs,

FREEHOLD INVESTMENT FOR SALE ACHIEVING 8% YIELD OR ALTERNATIVELY
POTENTIAL FOR RESIDENTIAL RE-DEVELOPMENT - SUBJECT TO GRANTING OF LOCAL PLANNING CONSENTS i.e. studio/1 bedroom flat.

We are delighted to confirm that we have let this property to Firefly as a Mexican cafe and now have the pleasure of marketing the Freehold Interest with this excellent new tenant in situ who has just recently undergone complete refurbishment. However, the tenant would be prepared to vacate and surrender his lease if an acceptable premium was offered (in the region of £30,000).

The property comprises:-
A ground floor, A3/A5 class usage premises currently let to Firefly (Mr Hector Hernandez) at £24,000 rent per annum from 1st January 2018 to 31st December 2023.

Gross Internal Area is approximately 316 sq ft with additional outside seating to front and side.

Extremely affluent area comprising large Edwardian housing within the local vicinity and situated in prime location only minutes from Putney High Street situated on busy main road on the corner of Putney Bridge Road and Florian Road. Putney and East Putney train stations. River Medway. Wandsworth Park all within the local vicinity. Extremely affluent area.

Excellent and Unique Opportunity to acquire the Freehold Interest.

All utilities along with Business Rates are paid by the tenant: The property has a Rateable Value of: £8,293 with actual rates payable of: £3,433.30 per annum.

This is an excellent acquisition for any investor to purchase achieving a yield of 8%.

FREEHOLD OFFERS SOUGHT IN EXCESS OF: £300,000

Viewings are strictly by appointment only as it is only courteous to advise the tenant when we will be attending. Telephone 07758265681 (Victoria) or 07771000906 (Zak).

Thanking you,

Kind regards

Victoria A Bennett CPEA
Commercial Property Agent
London Victoria Properties Limited
8a Lower Teddington Road
Kingston, KT1 4ER
07758265681
0330 133 0526
victoria@lvp.london
Tenure: Freehold

Location Details:
Extremely affluent area comprising large Edwardian housing within the local vicinity and situated in prime location only minutes from Putney High Street situated on busy main road on the corner of Putney Bridge Road and Florian Road. Putney and East Putney train stations. River Medway. Wandsworth Park all within the local vicinity.

Listed by: London Victoria Properties

Find out more about this business opportunity.

 
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