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Just added

£1,445,000

(£791.56/sq. ft)

Retail premises for sale
The Cut, London SE1

1,636 sq. ft

Local area information

Property location

Nearby amenities

Southwark 0.1 miles
London Waterloo East 0.1 miles
Friars Primary Foundation School 0.2 miles
London Nautical School 0.2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for Blackfriars, South Bank and Waterloo to find out more about the local area.

Features and description

Freehold
Good Transport Links

Mixed use investment

A rare opportunity to purchase a freehold, mixed use investment with a ground floor retail unit (class E), recently tenanted by "Buns from Home" bakery, on a 15 year lease with 5 yearly rent reviews currently paying £45,000 per annum, and a seperate 3 bedroom maisonette on the 1st and 2nd floors, with a private south facing roof terrace on the 1st floor, and street level front door. The 3 bedroom maisonette is presently let on a yearly AST agreement and yielding an annual rent of £43,000. In the event of a sale the tenants can be given 2 months notice to hand over vacant possesion as agreed in the AST agreement. The total annual yield is £88,000 per annum.
The Cut is a semi pedestrainised street, well known for its array of shops, cafes, bars and restaurants, also a destination for theatre goers to the Old Vic and Young Vic theatres.
Southwark station is a 2 minute walk, and Waterloo 3 minutes.
Viewing by appointment. Sole Agents

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Floor plans (2)

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Edwards Residential and Commercial Agents

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020 3641 5081

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Property descriptions and related information displayed on this page are marketing materials provided by - Edwards Residential and Commercial Agents. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Edwards Residential and Commercial Agents for full details and further information.