Freehold for Sale Mixed Use Investment Opportunity Offers Sought in Excess of £975,000 54 Trinity Road, Tooting Bec, London SW17 7RH
Accommodation: The premises have the following approximate floor areas:
Ground Floor Retail
29.53 sq m
318 sq ft
Ground Floor 1 Bed Flat First Floor 2 Bed Flat (including roof terrace)
35.90 sq m 74.29 sq m
386 sq ft 800 sq ft
All dimensions and measurements are approximate, however these are based upon the principles laid down in accordance with the RICS Code of Measuring Practice. Description: The two-storey mid-terraced property is of traditional brick construction, and forms part of a parade of similar premises.
Important Note: Centro Commercial have not tested any services, heating system, electrical system, appliances, fixtures and fittings, that may be included in this property and would advise interested parties to satisfy themselves as to their condition or investigating the presence of any deleterious materials. Location: The property is prominently located on the north-east side of Trinity Road, close to the junction with Holdernesse Road. Tooting Bec Underground Station (Northern line) is in close proximity to the property. Tenancies: The current annual income is £30,600. Ground Floor Commercial Premises - will be sold with full vacant possession. Ground Floor Flat – currently let out on an Assured Shorthold Tenancy on a rolling contract at a rental of £1,100 per calendar month. First Floor Flat – currently let out on an Assured Shorthold Tenancy on a rolling contract at a rental of £1,450 per calendar month. Terms: The premises are available Freehold for sale, subject to the existing Tenancies for the residential dwellings, and with full vacant possession of the commercial element of the property. VAT: The property has not been elected for VAT. Price: Offers are sought in excess of £975,000. Rates: According to the VOA website, the commercial element of the property has a 2017 Rateable Value of £6,500. Therefore, Rates Payable in the current financial year for 2017-2018 are £3,113.50. NB: Please note that the rates actually payable may be subject to transitional relief. For a more accurate assessment of rates payable for the current year, please contact the Local Authority. Legal Costs: Each party is to be responsible for their own costs in this transaction. Viewing: Strictly by appointment through Sole Agents
Centro Commercial Limited 020 8401 1000 See a selection of our properties at www.centro.plc.uk