Cheam Road, Sutton, Surrey, SM1
- PROPERTY TYPE
End of Terrace
- BEDROOMS
2
- SIZE
1,459 sq ft
136 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Freehold mixed-use investment
- Total Building of 1,459 sq ft
- 10-Year FRI Lease from April 2024 (no breaks)
- Total income of £32,160
- Sutton is a town in Greater London, located about 13 miles from City of London
Description
* Freehold mixed-use investment
* Retail unit of 975 sq ft arranged over ground floor
* First floor flat of 484 sq ft
* Total Building of 1,459 sq ft
* Street facing access to the flat
Tenancy
* 10-Year FRI Lease from April 2024 (no breaks)
* To Choudry Mahroof Ahmed t/a Press 2 Dress Dry Cleaners
* A rent of £21,000 p.a. (topped up) with a review on the 5th year
* Flat let on a AST to a private tenant at a rent of £11,160 p.a.
* Total annual income of £32,160 p.a.
Location
* Sutton is a town in Greater London, located about 13 miles from City of London
* Cheam Road is one of the main thoroughfares in Sutton, It runs through the heart of the town
* A bustling street, lined with a mix of residential properties, shops, restaurants, and businesses.
* View in Google Maps
Additional Notes
* VAT elected (TOGC will apply)
Price: OIEO £425,000 (7.6% Gross)
Brochures
Brochure 1- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Cheam Road, Sutton, Surrey, SM1
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Sutton (Surrey) Station0.1 miles
- West Sutton Station0.6 miles
- Carshalton Beeches Station1.0 miles
About the agent
Prideview Group, Middlesex
Prideview Place, 43 Church Road Stanmore HA7 4AA
The Prideview Group is one of the leading consultancies in the UK commercial property investment market, having been established in 1985.
We act for private investors from all walks of life and all over the globe, offering a seamless, in-house acquisition, disposal, advisory and management service. We host regular investment seminars for private buyers and are widely known as the Home of the Blue-Chip Investor.
We work closely with numerous propcos, traders, agents and vendors bot
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 18605. 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 Prideview Group, Middlesex. 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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