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23 Woodcote Rd 2,387 SF Retail Building Wallington SM6 0LH $463,177 ($194.04/SF)
Investment Highlights
- Freehold Mixed Use Investment.
- Well situated on the towns principle throughfare.
- Comprising a shop and 2 bedroom maisonette.
- Located in a popular London Suburb.
- Let on a lease expiring 2032(1) subject to RPI linked Rent Review.
- VAT is applicable.
- RPI linked Review 2027.
- Investment let at £32,500 p.a. (9.28% GIY on Guide Price).
Executive Summary
The property is arranged over ground and part first floor to provide a ground floor shop towards the front with a self-contained 2 bedroom maisonette to the rear over ground and first floors. The upper parts comprise 3 x residential flats each sold off on long leases.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Bank
Building Size
2,387 SF
Building Class
B
Year Built
1950
Price
$463,177
Price Per SF
$194.04
Tenancy
Single
Building Height
4 Stories
Building FAR
3.97
Lot Size
0.01 AC
Frontage
16’ on Woodcote Road
Amenities
- Storage Space
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Barbers
- Services
- 1,000 SF
- -
- Jan 2033
- Cobblers Awl
- Professional, Scientific, and Technical Services
- 1,387 SF
- -
- Jan 2028
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Barbers | Services | 1,000 SF | - | Jan 2033 | ||
| Cobblers Awl | Professional, Scientific, and Technical Services | 1,387 SF | - | Jan 2028 |
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Nearby Major Retailers
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23 Woodcote Rd
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