Key Features

  • Great investment opportunity
  • Freehold
  • Retail Unit with Tenant in situ
  • Rental income
Retail Unit; A1 & Sui Generis usage. Commercial, glass fronted shop, with secure electric roller shutters - recently fitted out to high spec.

Located in an ideal location in a parade of shops such as Londis, an italian cafe, hairdressers, bike shop, petrol garage, bakery and chemist.

Less than 5 mins walk from Woodmansterne train station and directly outside is a bus stop. There is also free parking available on the roads surrounding.

Access to the motorway system is 5 minutes drive away, via the M23 at Hooley to the south just before it intersects with the M25 at junction 7.

Description/Accomodation

The property comprises a retail shop on ground floor with a glass frontage, kitchette and WC to the rear. - recently refurbished to suit business of a beauty salon. Sold with tenant in situ on a 5 year lease, annual rental income of £10,400. Great returns on your investment with immediate income.

1 Bedroom flat, utility room, bathroom, 1 double bedroom, open plan kitchen and living room with raised dining area. Patio garden. Double glazed with electric heating.

Sold with tenant in situ. Has been let out for £866pcm on a 6 month tenancy.

Purchase of the freehold for the whole building. Collecting ground rent of £120 per annum from top floor maisonette on a long lease - 115 years

Potential to let out the flat or re-sell as a separate with a new lease.

Stamp Duty Due *

Based on a sale price of £365,000 the total amount of stamp duty payable will be:

£8,250

What is Stamp Duty and how is it calculated?

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

Property Pictures

Further Details

  • Status: Available
  • Tenure: Freehold
  • Reference: hallwayspropertyCS0001

Location

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