Residenza are delighted to offer this freehold commercial investment opportunity situated in the established South London suburb of Wallington. Producing a current rental income of £22,000 per annum, the property benefits from a secure 15-year FRI lease from September 2020 with rent reviews every 5 years, providing strong long-term income security for investors.
The commercial premises has recently undergone a comprehensive refurbishment of the ground floor and basement areas, including the installation of three-phase electricity, enhancing the usability and appeal of the space. The first-floor residential flat has been sold off on a long lease, creating a low-maintenance investment structure.
Offering approximately 1,040 sq ft of accommodation across the ground floor retail unit and basement, this represents an excellent opportunity for investors seeking a secure freehold asset with future growth potential.
Key Information:
Tenure : Freehold
