Sold

Stafford Road, Wallington, Surrey

£500000 Guide Price
Minimum Size: 1000 Sq Ft
Maximum Size: 1000 Sq Ft

Call the commercial team on 020 8401 1000

Freehold Investment for sale The ground floor A1 Delicatessen has been let out on a Full Repairing and Insuring Lease for a term of ten years from 22/07/2019 at a rental of £12,000 pax, payable monthly in advance. The Lease is subject to three yearly rent reviews, and is held outside the Security of Tenure and Compensation Provisions of the Landlord & Tenant Act 1954 (as amended). The first floor self-contained maisonette is accessed via a side alley, and is let out on an Assured Shorthold Tenancy for a period of 6 months from 01/09/2020, expiring 28/02/21 at a rental of £1,425 per calendar month. The premises benefits from a rear garden, which is accessed via a side alley.

The two-storey semi-detached property is of brick construction beneath a pitched tiled roof. To the rear of the property is a garden.

The premises are located in a prominent position on the North side of Stafford Road, almost opposite the junction with Francis Road, amongst national, regional and local retailers.