Retail and Residential investment opportunity. Located directly opposite London Southbank University.
- Total Gross rental income £145,800 pa
- Two retail units producing £29,000 pa and £16,000 respectively with outstanding rent review from 2021
- 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 University
- freehold
Retail and residential investment opportunity comprising two retail units let on FR&I leases and five self contained flats let on ASTs. There may 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 new mansard 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.
Address:
15-16 London Road, Elephant & Castle, London, SE1 6JZ
Type:
Retail
Tenure:
freehold
Unit & Floors
| Unit | Floor | SQ FT / SQ M | AVAILABILITY |
|---|---|---|---|
| 1 | unit | 2059 / 191 | Let |
| 2 | unit | 550 / 51 | Let |
| 3 | 2nd | 400 / 37 | Let |
| 4 | 2nd | 613 / 57 | Let |
| 5 | 1st | 828 / 77 | Let |
| 6 | 2nd | 979 / 91 | Let |
| 7 | 1st | 796 / 74 | Let |
Stamp Duty Calculator
Use our stamp duty calculator to get to know potential stamp duty costs. These calculators are for general interest and must not be relied on.
Mortgage Calculator
Use our mortgage calculator to get to know potential mortgage repayments. These calculators are for general interest and must not be relied on.
Rental Yield Calculator
Use our buy to let calculator to get to know potential rental yield. These calculators are for general interest and must not be relied on.
Your estimated rental yield would be:
Similar Properties
Cottrell House, 57 Wembley Hill Road, Wembley, HA9 8BE
£754,250
3017 sqft - 7505 sqft
BRAND NEW BUSINESS UNITS FOR SALE
280 West End Lane, West Hampstead, London, NW6 1LJ
£1,050,000
2226 sqft
Freehold shop and upper part investment for sale.
750-756 Harrow Road, Kensal Rise, London, NW10 5DQ
£1,750,000
3800 sqft
999 long leasehold Investment let to Kingfisher PLC income (£108,300 pa)
Unit 10, The Edge Business Centre, Humber Road, London, NW2 6EW
£850,000
3000 sqft
Exceptional Modern B1/B8 Showroom/Office & Storage Building
120 Cricklewood Lane, Cricklewood, London, NW2 2DP
£475,000
1088 sqft
Modern Office of 1,088 sqft For Sale in Cricklewood on a 250 year long lease
157 Kilburn High Road, Kilburn, London, NW6 7HU
£750,000
1940 sqft
Freehold vacant commercial building for sale
Humber Road, Staples Corner, London, NW2 6EW
£925,000
2985 sqft
MODERN BUSINESS UNIT WITH 9 PARKING SPACES
2-4 Elgin Avenue, Maida Vale, London, W9 3QR
£1,250,000
3733 sqft
Maida Vale Freehold building (formerly a bank) with vacant ground floor and basement suitable for a variety of uses (STP), with car parking