TypeRetail Investments
SM3 362 Sutton Common Road, Sutton
TenureFor sale
Specification
- Building size
- Building size 496 sqft
- Property type
- Property type Retail Investments
- Tenure
- Tenure For sale
Description
Retail Investment of mid-terraced property of traditional brick construction beneath a pitched tiled roof, with commercial to the ground floor, and residential upper parts.
- Current rental income £15,000 per annum exclusive
- Let out on a Full Repairing and Insuring Lease for a term of 10 years from 01/10/2021 expiring 30/09/2031 to Plumbminto's Limited
- Upcoming rent review due on 01/10/2026
- Residential upper parts sold off on a long lease of 999 years from 24/06/1987
Lease held outside the Security of Tenure and Compensation Provisions of the Landlord & Tenant Act 1954 (as amended) Part II
Location
The property is prominently located on the north-eastern side of Sutton Common Road, close to its junction with Forest Road.
Amenities
Rental Income £15,000 pa
