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23 Manor Road, Wallington, Sutton, Surrey, SM6

£375,000

£360.58 per sq ft

Business rates & charges may apply

Whozoo, London
SIZE AVAILABLE

1,040 sq ft

97 sq m

SECTOR

Hospitality facility for sale

Key features

  • Area - Wallington
  • Size - 622 sqft
  • Property Type - Ground Floor Commercial Unit
  • Local Amenities - Wallington Leisure Centre (0.3 miles) Wallington Library (0.3 miles) Beddington Park (0.8 miles)

Description

We are pleased to offer this freehold shop investment opportunity in Wallington, SM6. The property consists of a ground floor commercial unit and a first floor residential unit, making it an ideal mixed-use investment.

The ground floor commercial space is let on a Full Repairing and Insuring (FRI) lease from 15th September 2020, for a term of 15 years, at £22,000 per annum, with rent reviews every five years. Recently refurbished, including the installation of Three Phase Electricity, the space offers 622 sq ft on the ground floor and 418 sq ft in the basement, totalling 1,040 sq ft.

The first floor residential unit is sold on a long lease from 25th December 1997, with a term of 175 years.

The freehold property is offered at £375,000, with a commercial rental income of £22,000 per annum. Each party is to bear their own legal costs, and the property is not elected for VAT.

Brochures

23 Manor Road, Wallington, Sutton, Surrey, SM6

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Wallington Station0.5 miles
  • Carshalton Station0.6 miles
  • Hackbridge Station0.8 miles

About Whozoo, London

Unit 2, 2 Delacourt Road, London, SE3 8XA

Whozoo formerly known as City & Counties is the UK’s first hybrid commercial estate agency, empowering agents to have successful careers in the commercial property sector, whilst delivering a new kind of service and value for their clients.

We operate in the mass market and treat every property owner with the same respect and professionalism whether you own a £100,000 or £10,000,000 property.

Notes

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Disclaimer - Property reference LON0008DA. 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 Whozoo, London. 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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