FREEHOLD COMMERCIAL INVESTMENT PLUS VACANT REAR STORE WITH PP FOR OFFICE
Guide price: £200,000 - £205,000
Location & Description
A single storey commercial unit and attached rear store on a triangular corner plot.
On the west side of Lavender Gardens in a predominantly residential area although within a short walk of Gordon Hill mainline station and shops in Lavender Hill.
EQUIVALENT TO £7,000 p.a. PLUS VACANT STORE WITH PLANNING PERMISSION GRANTED 22.07.2015 (ref: 15/01264/CND) FOR CHANGE OF USE TO OFFICE (A2) with shared use of kitchen facilities & WC. POTENTIAL FOR REDEVELOPMENT (SUBJECT TO CONSENT)
SITE AREA: (from digital mapping)
1,090 sq ft (101.3 sq m)
Display Area: 305 sq ft (28.3 sq m)
Occupied by MK Memorials (with guarantor) under a Law Society Agreement for 15 years from 01.01.2015 (with break clauses in 2020 and 2025) at £7,000 p.a. with annual reviews (index-linked).
Rear Store: 290 sq ft (26.9 sq m)
(includes basic kitchen facilities), WC/sink
Available at £200,000