Address
East Sheen
SW14 8QR
Location
Description
Freehold for sale- £895,000.
Excellent freehold mid terrace property for investment or owner/occupation. The property comprises a ground floor lock up shop and two upper flats, which are let on AST agreements. The shop is offered with vacant possession.
The shop is well-presented throughout with access from the front and rear, it has been let since 2011 to 'Shelter' who will be vacating on 28th July 2025. The shop measures approximately 55 sq meters and has a toilet facility to the rear.
On the first floor there is a one bedroom flat measuring approximately 41 sq meters, which is let on an AST agreement at £18,000 p.a. for two years from 26/4/24. The second floor flat is split level and measures approximately 65 sq meters- the AST agreement on this flat has been extended for one year from 24/9/24 at a rent of £19,560 p.a. Both flats are accessed from a very attractive gated passageway to the rear of the building.
Please view by appointment only and do not disturb the tenants.
EPC band B- shop.
General Information
Tenure: Freehold
Price/premium: £895,000
Legal fees: Each party to bear their own
Rateable value: The VOA website states a rateable value of £11,250, payable at the prevailing rate.
Lease details: Both flats let on AST agreements, one at £18,000 p.a. and the other at £19,560 p.a. Ground floor shop to be vacant in July 2025.
Features
- Close to many multiples
- Favoured location
- Mixed use
- Public car park nearby
- Close to station