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For Sale£725,000.00

Mixed-use Freehold Investment for sale

Mixed Use, Other Property Types & Opportunities , 1381 Sq Ft
Property type: Mixed Use, Other Property Types & Opportunities
Tenure: For Sale Freehold
Size: 1381 Sq Ft
Price: £725,000.00
Location: 21 Clapham High Street, SW4 7TR, 21 Clapham High Street, SW4 7TR
Both Clapham North underground and Clapham High Street overground are within walking distance, and the property is also well served by numerous bus routes along Clapham High Street. Nearby occupiers include Costcutter, Sainsburys, Ladbrooks, Morrisons, Yamaha and William Hill.

The property is not elected for VAT

A mixed use, freehold investment in Clapham, SW4, comprising A1 rental income and ground rents from retail, office and residential units.

Ground rent summary: 6 residential units @ £300 each per annum, 1 office unit @ £300 per annum – total ground rent £2100 per annum

Current A1 business not affected by sale - Passing retail rental of £47,000 per annum - Lease expires 2021 - Inside the Landlord and Tenant act 1954

Total rent and ground rent income amounts to £49,100 - A sale at £725,000 represents a gross yield before any costs of 6.78%
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