An incredible opportunity has arisen for investors to acquire the virtual freehold of this A1 commercial unit located on Roehampton High Street. This unit is currently operating as a hair and beauty salon, comprising of ground floor and basement.
This is a fantastic opportunity to purchase an excellent investment property currently generating a rental income of £10,000 per annum from a Hair and beauty salon business.. This represnts a 6.7% yield against the asking price. This commercial unit is well arranged and spacious unit with an approximate size of 500sqft.
The property is situated on Roehampton High Street which is moments away from Putney Village and a short walk from Putney main station and East Putney underground station. The area is also easily accessible by car via A306/ S Circular Road and the A3.
Total retail space: 500 sqft approx.
Our client seeks a price of £150,000 for the 999 year long leasehold interest. This represents a yield of 6.7%.
Current passing rent £10,000 per annum.
All interested parties are encouraged to make their own enquiries with London Borough of Wandsworth Council.
Each party are to bear their own legal costs.