Location: The premises are situated on Broxholm Road close to its junction with Leigham Court Road. The house is set on a residential street, that is comprised of blocks flats, single family dwellings and houses converted into apartments. This location benefits from no parking restrictions and being within half a mile of Streatham Hill over ground station, Tulse Hill over ground station and West Norwood over ground station as well as many bus routes.
Description: The building is a 2-storey house, with basement, comprised of 1 studio and 6 bed sits. 6 of the bed sits share a bathroom and shower/ WC, with 4 of the bedsits sharing a kitchen. The property is currently fully tenanted providing an annual income of £46,740.00 per annum with the possibility of up lift.
Accommodation: 1 studio flat and 6 bedsits
EPC: An EPC is available upon request.
Tenure: Virtual Freehold on 999 year lease, ground rent £20 per annum not rising
Terms: For sale at offers in the region of £550,000.00. The property is sold with all tenants in occupation.
VAT The property is not registered for VAT
Legal Costs: Each party to pay own costs.
Viewing: By appointment via Galloways Commercial on 020 8678 8888 or email@example.com.