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UNDER OFFER

Kennington Lane, London, SE11

Guide Price
£1,300,000

Business rates & charges may apply

Middleton Barton Asset Valuation Limited, Manchester
SIZE

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SECTOR

6 bedroom mixed use property for sale

USE CLASSUse class orders: A3 Restaurants and Cafes and C3 Dwelling Houses

A3, C3

Description

Location

 The property is situated in the London district of Kennington. Kennington is a centrally located district lying south of the River Thames close to Vauxhall Bridge. Kennington predominantly lies within the London Borough of Lambeth.

Description

The property currently comprises 6 small single occupancy self-contained flats arranged over 3 floors and a restaurant/retail unit to the ground floor.

Tenancies

The property currently makes £74,640 per annum, from the 6 single occupancy dwellings, and an additional 45,000 per annum on an 5 yearly upward only rent review bases, from the Restaurant on the ground and basement floors of the building. The total rental income is £119,640.

The restaurant is currently let to Capital QSR Limited and is occupied by KFC who have assumed the responsibility for maintaining and redeveloping the restaurant floors, lease details can be provided upon request.

Tenure

Freehold.


Further Information:
Contact Tom Duckworth on or Email:

Brochures

Kennington Lane, London, SE11

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Vauxhall Station0.2 miles
  • Oval Station0.4 miles
  • Nine Elms Station0.6 miles

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 348kennington. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Middleton Barton Asset Valuation Limited, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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