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Agent's details

Property agent
Morgan P�rez
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Festival Court - Unit B, Rose Hill, Sutton, Surrey

For sale: £500,000.00|2,778 Sq Ft|General Retail, Retail
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Property details

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FOR SALE£500,000.00
SIZE2,778 Sq Ft
ADDRESSFestival Court - Unit B, Rose Hill, Sutton, Surrey
TYPEGeneral Retail, Retail
TENUREInvestment Opportunity, For Sale Leasehold
POSTED ON15th April 2021

Description

Retail Investment - Long Leasehold for sale

The ground floor premises are held on a Long Lease of 198 years from 08 August 2005, expiring 05 June 2203, subject to a peppercorn Ground Rent. Current rental income: £40,000 per annum exclusive.

- Prominent roadside location
- Net Initial Yield 7.5%
- Gross Initial Yield 8%

Guide Price; £500,000
( Agency Pilot Software Ref: 447 )

Location

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Location: Festival Court - Unit B, Rose Hill, Sutton, Surrey

Morden (1.3 miles)

South Wimbledon (2.2 miles)

Colliers Wood (2.5 miles)

St Helier (0.6 miles)

Sutton Common (0.7 miles)

Morden South (0.9 miles)
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