£175,000

Restaurant for sale

  1. Property photo 1 of 2.
  2. Property photo 2 of 2.
  3. Property photo 1 of 2.
  4. Property photo 2 of 2.

Fixed price

£175,000

(£290.17/sq. ft)

Restaurant for sale

East Hill, London SW18

603 sq. ft

Local area information

Property location

Nearby amenities

  • St Faith's CofE Primary School 0.1 miles
  • St Anne's CofE Primary School 0.2 miles
  • Wandsworth Town 0.2 miles
  • Wandsworth Riverside Quarter Pier 0.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for The Tonsleys, Earlsfield and Sands End to find out more about the local area.

Features and description

► Property Type: Freehold investment opportunity.

► Location: Prime position on East Hill, Wandsworth, London, SW18.

►Tenancy: Currently let to an established tenant on a holding-over lease.

► Current Rent: £10,200 per annum exclusive.

► New Lease: (Agreed but not yet signed) £12,120 per annum
exclusive.

► Quoting Price: £175,000 for the freehold interest, subject to the existing lease.
Investment highlights

O Freehold property with secure income stream.
O Potential for rental growth with new lease agreed. O Net initial yield based on current rent: 5.83%.
O Net initial yield based on new agreed rent: 6.93%.

More information

Report this listing

Property descriptions and related information displayed on this page are marketing materials provided by - Redbrook Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Redbrook Commercial for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. London
  4. South London
  5. Wandsworth (London Borough)
  6. The Tonsleys
  7. East Hill