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Manor Rd 1,040 SF 100% Leased Retail Building Wallington $509,996 ($490.38/SF)



Investment Highlights
- Fully refurbished throughout
- Modern three-phase power
- Includes basement storage
Executive Summary
Residenza are delighted to offer this freehold commercial investment opportunity situated in the established South London suburb of Wallington. Producing a current rental income of £22,000 per annum, the property benefits from a secure 15-year FRI lease from September 2020 with rent reviews every 5 years, providing strong long-term income security for investors.
The commercial premises has recently undergone a comprehensive refurbishment of the ground floor and basement areas, including the installation of three-phase electricity, enhancing the usability and appeal of the space. The first-floor residential flat has been sold off on a long lease, creating a low-maintenance investment structure.
Offering approximately 1,040 sq. Ft of accommodation across the ground floor retail unit and basement, this represents an excellent opportunity for investors seeking a secure freehold asset with future growth potential.
Key Information:
Freehold commercial investment
£22,000 per annum rental income
15-year FRI lease from 15th September 2020
Rent reviews every 5 years
Recently refurbished ground floor & basement
Three-phase electricity installed
First-floor flat sold on 175-year lease
Approx. 1,040 sq. Ft total accommodation
Ground floor retail: 622 sq. Ft
Basement: 418 sq. Ft
No VAT elected
The commercial premises has recently undergone a comprehensive refurbishment of the ground floor and basement areas, including the installation of three-phase electricity, enhancing the usability and appeal of the space. The first-floor residential flat has been sold off on a long lease, creating a low-maintenance investment structure.
Offering approximately 1,040 sq. Ft of accommodation across the ground floor retail unit and basement, this represents an excellent opportunity for investors seeking a secure freehold asset with future growth potential.
Key Information:
Freehold commercial investment
£22,000 per annum rental income
15-year FRI lease from 15th September 2020
Rent reviews every 5 years
Recently refurbished ground floor & basement
Three-phase electricity installed
First-floor flat sold on 175-year lease
Approx. 1,040 sq. Ft total accommodation
Ground floor retail: 622 sq. Ft
Basement: 418 sq. Ft
No VAT elected
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,040 SF
Building Class
C
Year Built
1889
Price
$509,996
Price Per SF
$490.38
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
0.80
Lot Size
0.03 AC
Amenities
- 24 Hour Access
- Bus Line
- Commuter Rail
- Storage Space
1 1
Nearby Major Retailers
1 of 22
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Manor Rd
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