Property photos
£235,000
(£703.59/sq. ft)
Retail premises for sale
Stanstead Road, London SE6334 sq. ft
Local area information
Property location
Nearby amenities
- Rathfern Primary School 0.2 miles
- St Dunstan's College 0.2 miles
- Catford 0.3 miles
- Catford Bridge 0.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Catford, Honor Oak Park and Bell Green to find out more about the local area.
Features and description
Investment Consideration:
Gross Initial Yield: 6.13%
Rental Income: £14,400 p.a.
In same ownership for 10+ years
VAT is not applicable to this property
Comprises ground floor retail shop t/a Nail Salon
Let until July 2039. No breaks. Rent review in 2029.
Occupiers nearby include Café, Takeaway`s, Convenience Store and many more.
Property Description:
Comprises mid-terrace ground floor shop t/a Nail Salon. The property provides the following accommodation and dimensions:
Ground Floor: 31 sq m (334 sq ft)
Open plan retail, storage, kitchen, wc
Tenancy:
The property is at present let to an Individual for a term of 20 years from 10th July 2019 at a current rent of £14,400 per annum and the lease contains full repairing and insuring covenants. Rent review (open market) on 10.07.2029 and every 4 years thereafter. No breaks.
Tenure:
Long leasehold. Held on a 999 Year lease from 1st January 2012 at a ground rent of peppercorn.
Location:
The property is located on the west side of Stanstead Road (A205). Local shops and amenities can be found to the west of the property on Stanstead Road with the more extensive facilities of Catford Broadway situated approximately 0.5 miles to the north-east. Rail services run into Central London from Catford and Catford Bridge Rail Stations. The A205 (South Circular Road) and the A21 are situated close by as are the open spaces of Blythe Hill Fields and Ladywell Fields. Occupiers nearby include Café, Takeaway`s, Convenience Store and many more.
Gross Initial Yield: 6.13%
Rental Income: £14,400 p.a.
In same ownership for 10+ years
VAT is not applicable to this property
Comprises ground floor retail shop t/a Nail Salon
Let until July 2039. No breaks. Rent review in 2029.
Occupiers nearby include Café, Takeaway`s, Convenience Store and many more.
Property Description:
Comprises mid-terrace ground floor shop t/a Nail Salon. The property provides the following accommodation and dimensions:
Ground Floor: 31 sq m (334 sq ft)
Open plan retail, storage, kitchen, wc
Tenancy:
The property is at present let to an Individual for a term of 20 years from 10th July 2019 at a current rent of £14,400 per annum and the lease contains full repairing and insuring covenants. Rent review (open market) on 10.07.2029 and every 4 years thereafter. No breaks.
Tenure:
Long leasehold. Held on a 999 Year lease from 1st January 2012 at a ground rent of peppercorn.
Location:
The property is located on the west side of Stanstead Road (A205). Local shops and amenities can be found to the west of the property on Stanstead Road with the more extensive facilities of Catford Broadway situated approximately 0.5 miles to the north-east. Rail services run into Central London from Catford and Catford Bridge Rail Stations. The A205 (South Circular Road) and the A21 are situated close by as are the open spaces of Blythe Hill Fields and Ladywell Fields. Occupiers nearby include Café, Takeaway`s, Convenience Store and many more.
More information
Listed by
Blue Alpine Partners
View agent properties.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Blue Alpine Partners. 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 Blue Alpine Partners for full details and further information.