1-6 Challice Clos 2,360 SF Office Condo Unit Offered at $569,878 in Wallington SM6 9RU
INVESTMENT HIGHLIGHTS
- Investment Opportunity
- First floor offices available with full vacant possession
- Ground floor let to Associated Laboratories Ltd at £16,000 pax
EXECUTIVE SUMMARY
The two-storey end of terrace property is of traditional brick construction beneath a flat roof, with commercial elements at both ground and first floors. The premises benefit from 2 allocated parking spaces. In addition, there is unrestricted street parking in the surrounding roads.
PROPERTY FACTS Under Contract
| Total Building Size | 6,930 SF |
| Property Type | Office (Condo) |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 3,465 SF |
| Year Built | 1960 |
| Lot Size | 0.16 AC |
| Parking Ratio | 0.84/1,000 SF |
AMENITIES
- 24 Hour Access
1 UNIT AVAILABLE
Unit 5-6
| Unit Size | 2,360 SF |
| Price | $569,878 |
| Price Per SF | $241.47 |
| Condo Use | Office |
| Sale Type | Investment |
| Tenure | Freehold |
| Sale Status | Under Contract |
| Cap Rate | 3.81% |
| NOI | $21,709.63 |
| No. Parking Spaces | 2 |
DESCRIPTION
The two-storey end of terrace property is of traditional brick construction beneath a flat roof, with commercial elements at both ground and first floors. The premises benefit from 2 allocated parking spaces. In addition, there is unrestricted street parking in the surrounding roads.
The premises are located in Chalice Close which is accessed from Lavender Vale, close to the junction with Stafford Road, providing access to Wallington Town Centre and the A23 Purley Way. Wallington mainline BR Station is within close proximity. There is unrestricted street parking in the nearby surrounding roads.
SALE NOTES
Part let investment available for freehold purchase.
