Retail premises for sale in 15-16 London Road, Elephant & Castle, London SE1, £2,450,000
2,450,000.00
Offer Nr.:
65018298
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Dutch & Dutch
Phone(s):
020 8115 5192
Email:
* Freehold
**Key Points**
* Total Gross rental income £145, 800 pa
* Two retail units producing £29, 000 pa and £16, 000 respectively with outstanding rent review from2021
* Three x 2 bed duplex flats, one x 2 bed and one x 1 bed producing a gross income of £100, 800 pa
* Located opposite London SouthbankUniversity
**Description**
Retail and residential investment opportunity comprising two retail units let
on fr&I leases and five self contained flats let on ASTs. Theremay be
opportunity to improve the rental income on both retail and residential units
with an outstanding rent review on one of the commercial units from 2021. A
newmansard roof and 2nd floor was constructed 2015/6.
The property has not been measured and all measurements are from available
sources such as EPC register and voa.
**Location**
Opposite London South Bank University and a short walk to Elephant & Castle
Underground.
**Key Points**
* Total Gross rental income £145, 800 pa
* Two retail units producing £29, 000 pa and £16, 000 respectively with outstanding rent review from
* Three x 2 bed duplex flats, one x 2 bed and one x 1 bed producing a gross income of £100, 800 pa
* Located opposite London Southbank
**Description**
Retail and residential investment opportunity comprising two retail units let
on fr&I leases and five self contained flats let on ASTs. There
opportunity to improve the rental income on both retail and residential units
with an outstanding rent review on one of the commercial units from 2021. A
new
The property has not been measured and all measurements are from available
sources such as EPC register and voa.
**Location**
Opposite London South Bank University and a short walk to Elephant & Castle
Underground.
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