Mixed use property for sale
71 Rosendale Road, West Dulwich, London
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- SECTOR
Mixed use property for sale
Key features
- Mixed-use investment for sale
- Comprising commercial plus 2 flats
- Commercial unit let at £45,000 pa
- 2 flats let on AST's at £34,200 pa
- Asset Management with development potential (stpp)
- Guide price: £1,100,000 F/H (gross yield 7.18%)
Description
The site is occupied by a 4 storey front period building with a forecourt to the front and side plus a single storey warehouse to the rear.
The lower ground floor of the front building provides offices and WC facilities which along with the forecourt and rear warehouse which are all included in the commercial lease let to auto repairs and MOT business 'West Dulwich Service Station Ltd' ( at a current rent of £45,000pa. The original lease began in 2013. The current lease runs for 10 years from 1st July 2020 until 30th June 2030 so 4.5 years remaining. There is an automatic rent review in June 2028 taking the rent to £48,000pa.
The upper ground, first, and second floors of the front building contain two recently refurbished residential flats letting on separate ASTs
providing £34,200pa.
Brochures
71 Rosendale Road, West Dulwich, London
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- West Dulwich Station0.3 miles
- Tulse Hill Station0.5 miles
- West Norwood Station0.5 miles
Notes
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