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COMMERCIAL

114 Stafford Road, Wallington, SM6 9AY

Guide Price
£375,000
Savills Auctions, London
PROPERTY TYPE

Commercial Property

SIZE

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Key features

  • Investment let at £28,500
  • p.a.
  • Comprising of a ground floor commercial unit at ground floor and 1 x bedroom self contained flat at first floor
  • Commercial unit let on FR&I lease at £16,500 p.a. and is an approx. 1,447 sq ft (134.4 sq m)
  • First floor self contained flat let at £12,000 p.a. and is an approx. 608 sq ft (56.48 sqm)
  • Development potential to add additional dwelling/s to the upper floors (subject to the requisite consents and existing leases)
  • VAT free investment
  • Completion 1st April 2024

Description

StrapLine

Auction Sale - 28/02/2024

Of interest to Investors and developers

A semi detached property comprising of a commercial unit on the ground floor and a 1 bedroom flat at 1st floor.

Possible future development potential to add additional dwelling/s to the upper floors (subject to the requisite consents and existing tenants)

Investment let at £28,500 p.a.


Description

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The building is a semi detached property situated on a busy and prominent neighbourhood retail area; comprising of ground floor commercial unit trading as a restaurant with a one bedroom self contained flat at 1st floor.

The first floor flat is accessed via the side of the property and there is an area to the front that can be utilised for car parking.

Nearby occupiers include a wide range of established local and independent retailers


Location

The property is located on the north side of Stafford Road and close to the junction with Milton Road.

Wallington Station is located an approx. 0.5 miles from the property


Transport

Wallington Station - National rail services


Tenancy

Please refer to Accommodation and Tenancy schedule


Accommodation

Please refer to Accommodation and Tenancy schedule


114 Stafford Road, Wallington, SM6 9AY

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Wallington Station0.3 miles
  • Carshalton Station1.2 miles
  • Carshalton Beeches Station1.2 miles
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About the agent

Savills Auctions, London

33 Margaret Street London W1G 0JD

Savills Auctions, London

Savills Auctions are specialist residential and commercial property auctioneers with an unrivalled depth of experience and market knowledge.

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Notes

These notes are private, only you can see them.

Disclaimer - Property reference 146-9010. 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 Savills Auctions, London. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Savills Auctions, London on 020 3909 6715.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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