Freehold for Sale Ground Floor Premises Suitable for A1/A2/D1 consent (subject to planning)
£230,000 20 Woodcote Road, Wallington, Surrey SM6 0NN
Accommodation: The premises have the following approximate floor areas: Commercial Premises
80.00 sq m
861 sq ft
Ground Floor Flat 1, 20a Ground Floor Flat 2, 20a
(sold off on a 125 year Lease from Aug 2018) (sold off on a 125 year Lease from Oct 2018)
First Floor Flat 1 Second Floor Flat 2 Third Floor Flat 3
(sold off on a 125 year Lease from Jan 2005) (sold off on a 125 year Lease from Jan 2005) (sold off on a 125 year Lease from Jan 2005)
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 end of terrace four-storey property is of traditional brick construction, with both commercial and residential elements at ground floor, and residential upper parts. The ground floor commercial element of the property is finished to a shell and core condition. 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 located on the western side of Woodcote Road, opposite Ross Parade, in close proximity to Wallington Mainline BR Station. Terms: The premises are available Freehold with vacant possession of the ground floor commercial element. The two ground floor residential flats have been sold off on 125 year Leases from August 2018 and October 2018 respectively, each subject to an annual ground rent of £250, with RPI increases every 10 years. The three flats on the upper floors have been sold off on 125 year Leases from January 2005, subject to an annual ground rent per flat of £150. VAT: The property has not been elected for VAT. Price: We are instructed to seek offers for the Freehold interest of £230,000. Rates: According to the VOA website, the property has a Rateable Value of £22,250. Therefore, Rates Payable in the current financial year for 2018-2019 are £10,969.25. 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. EPCs: Available upon request. 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