£425,000

Retail premises for sale

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Offers in region of

£425,000

(£291.90/sq. ft)

Retail premises for sale

Cheam Road, Sutton SM1

1,456 sq. ft

Local area information

Property location

Nearby amenities

  • Sutton (London) 0.1 miles
  • Sutton High School 0.2 miles
  • Manor Park Primary Academy 0.3 miles
  • West Sutton 0.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold Mixed-Use Investment
  • Total Building of 1,459 sq ft
  • 10-Year Fri Lease from April 2024 (no breaks) at a rent of £21k p.a.
  • Flat let on a AST to a private tenant at a rent of £11,160 p.a
  • Total Income of £32,160 p.a.
  • Sutton is a town in Greater London, located about 13 miles from City of London
Property Description

* Freehold mixed-use investment
* Retail unit of 975 sq ft arranged over ground floor
* First floor flat of 484 sq ft
* Total Building of 1,459 sq ft
* Street facing access to the flat

Location Description
* 10-Year Fri Lease from April 2024 (no breaks)
* To Choudry Mahroof Ahmed t/a Press 2 Dress Dry Cleaners
* A rent of £21,000 p.a. (topped up) with a review on the 5th year
* Flat let on a AST to a private tenant at a rent of £11,160 p.a.
* Total annual income of £32,160 p.a.

Additional Notes

* Sutton is a town in Greater London, located about 13 miles from City of London
* Cheam Road is one of the main thoroughfares in Sutton, It runs through the heart of the town
* A bustling street, lined with a mix of residential properties, shops, restaurants, and businesses.

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  1. Zoopla
  2. Commercial for sale
  3. London
  4. Sutton Surrey
  5. Sutton
  6. Cheam Road

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