Property Information
Address:
Festival Ct, Rose Hill, Sutton, Surrey
, SM1 3HA
, Surrey
, United Kingdom
Price: Property no longer available.
Size: 6278 sq ft583 sqm
Primary Category: Investment
All Categories:
Investment,
Property Ref/Movehut: MH648189
Property Ref/Agent: 425
*Please use the agent ref when calling the agent directly.
Property description
Multi-Let Retail Investment - Long Leasehold for sale
The ground floor premises are held on a Long Lease of 198 years from 08 August 2005, expiring 05 June 2203, subject to a peppercorn Ground Rent.
Current rental income: £78,500 per annum exclusive.
- Prominent roadside location
- Approx 25 metre roadside frontage
- Net Initial Yield 8.5%
- Gross Initial Yield 8.9%
Offers sought in excess of £875,000
Prominent roadside location
Approx 25 metre roadside frontage
Net Initial Yield 8.5%
Gross Initial Yield 8.9%
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