114 Stafford Road, Wallington | Property for sale | Savills
Guide price £355,000(NT$15,010,484)

114 Stafford RoadWallington

  • New
  • Sole agency
  • Freehold
Investment
Yield 9%Yield

Key features

  • Investment let at £31,300 p.a. from completion (8.81% GIY on guide)
  • Comprising of a commercial unit and a 1 bedroom self contained flat
  • Commercial unit let on a 20 year FR&I lease from August 2024 at £17,500 p.a.
  • First floor self contained flat let at £13,800 p.a. from completion
  • Development potential- add additional dwelling to upper floor (subject to consents)
  • VAT free investment
  • 6 week completion

A semi detached property comprising of a commercial unit on the ground floor and a 1 bedroom flat at 1st floor. Investment let at £31,300 p.a. from completion

About this property

  • The building is a semi detached property situated on a busy and prominent neighbourhood retail area; comprising of ground floor commercial unit trading as a restaurant with a one bedroom self contained flat at 1st floor. The first floor flat is accessed via the side of the property and there is an area to the front that can be utilised for car parking. Nearby occupiers include a wide range of established local and independent retailers

Local information

  • The property is located on the north side of Stafford Road and close to the junction with Milton Road.
  • Wallington Station is located an approx. 0.5 miles from the property