54 Sydenham Road, Sydenham, London
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Key features
- Freehold commercial investment for sale
- Ground floor commercial unit let to solicitors firm & 2 flats (sold off on long leases)
- Producing £26,600pa
- Guide price: £335,000 (7.9% gross yield).
Description
The property comprises a ground floor commercial unit let to Monioro Solicitors at a current rent of £26,000 per annum, secured on a 15-year lease from October 2014. There are rent reviews every 5 years, with a tenant only break on 19/5/2026, which has not been triggered as 6 months prior notice is required. Above are two self-contained residential flats, each sold on long 125-year leases from 2014, generating an additional £600 per annum in ground rent (£300 per flat). This produces a total income of £26,600 per annum.
Offered at a guide price of £335,000, the investment reflects an attractive gross yield of approximately 7.9%, presenting a compelling opportunity for investors seeking stable returns in a popular South East London location.
Situated on vibrant Sydenham Road, the property benefits from excellent footfall and a strong mix of established retailers, cafés and essential services. Bell Green Retail Park and Sainsbury's are nearby, further enhancing the area's commercial appeal.
This is an excellent opportunity to secure a well-performing, income-producing freehold asset in a consistently popular London suburb.
Brochures
54 Sydenham Road, Sydenham, London
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Sydenham Station0.1 miles
- Penge East Station0.5 miles
- Penge West Station0.7 miles
Notes
Disclaimer - Property reference 37209FH. 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 Acorn Limited, Acorn Commercial. 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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