For SaleCommercial Property in Upper Richmond Road West, Mortlake, SW14£1,295,000
Property Type
Commercial Property
Bedrooms
× 0
Tenure
Freehold
Price
£1,295,000
Stage
Under Offer
Resources
Description
Three Residential Units Ground Floor Commercial Unit Overall Rental Income: Ł83,120 per annum Gross Investment Yield: 6.42% Ground floor - Currently operated as a beauty salon. 10 year lease with 5 year break clause. Rent Ł6,500 per quarter. GIY (Gross Investment Yield): 7.43% First floor - One bedroom flat. Current rental at Ł1,550pcm. Separately priced at Ł325,000. GIY: 5.72% - One bedroom flat. Current rental at Ł1,280pcm. Separately priced at Ł270,000. GIY: 5.69% Second and third floor - Two bedroom flat. Current rental at Ł1,930pcm. Separately priced at Ł499,000. GIY: 4.64% This property is perfectly situated on the vibrant high street close to all of East Sheen's excellent local amenities, just seconds away from Waitrose and close by to Mortlake Station with fast train access to Central London.