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COMMERCIAL

Moreton Street, Pimlico, London, SW1V

£315,000
Century 21 London Central, Westminster
PROPERTY TYPE

Commercial Property

SIZE

381 sq ft

35 sq m

Floor/Site plan 1Floor/Site plan 2
2

Key features

  • Commercial opportunity: Ground floor retail unit in period house on Moreton Street SW1V.
  • Seamlessly blends residential charm and commercial vibrancy.
  • Elegant entrance with deep bay window and abundant natural light.
  • Interior features high ceilings.
  • Railed front area enhances curbside appeal.
  • WC/cloakroom and well-designed kitchen area.
  • Proximity to Pimlico and Victoria stations for easy access.

Description

This is a fantastic opportunity to invest in the long leasehold of a retail unit providing a gross rental yield just below 6.8% per annum.
The ground floor retail unit is occupied by a thriving artisan bakery business, The Little Bread Pedlar, on a lease at a rent of £21,600 per annum exclusive for a term of 7 years from April 2024 outside the Landlord and Tenant Act 1954.
The approximate net internal area is 381 sq ft 
The property is situated in the prestigious Moreton Triangle in Pimlico, within the City of Westminster, a densely populated and affluent area.
 
Moreton Street is strategically located in the proximity of key transport hubs, with Pimlico tube station a mere two-minute stroll away, and the bustling Victoria station within easy reach.
 
• Prime retail accommodation on the ground floor with an approx. internal area of 381 sq ft
• Rented to The Little Bread Pedlar for 7 years from 2024 inside the Landlord and Tenant Act 1954
• Total retail rental income of £21,600 per annum
• Ground Rent £200
• Insurance contribution approx. £281 per annum
• Leasehold with over 105 years remaining (125 years from 21/07/2004)
 

 

Moreton Street, Pimlico, London, SW1V

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Pimlico Station0.1 miles
  • Victoria Station0.5 miles
  • Vauxhall Station0.7 miles
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About the agent

Century 21 London Central, Westminster

85 Rochester Row, London, SW1P 1LJ

Century 21 London Central, Westminster
Welcome to Century 21 London Central
Your Premier London Estate Agency

At Century 21 London Central, we stand as a leading estate agency, nestled in the heart of London, dedicated to providing a comprehensive range of property services to cater to the needs of buyers, sellers, and tenants alike.

Our team at Century 21 London Central is highly experienced and knowledgeable about the London property market and provides you with a wide range of serv

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Industry affiliations

National Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)Association of Residential Letting Agents

Notes

These notes are private, only you can see them.

Disclaimer - Property reference L802968. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Century 21 London Central, Westminster. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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