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Festival Court - Unit A, Rose Hill, Sutton, SM1 3HA
3,500 Sq Ft / Retail / General Retail
Withdrawn - Last updated: 13 March 2022
Retail Investment - Long Leasehold for sale
The ground floor premises are held on a Long Lease of 198 years from 08 August 2005, expiring 05 June 2203, subject to a peppercorn Ground Rent. Current rental income: £38,500 per annum exclusive.
- Prominent roadside location
- Net Initial Yield 8.3% (assuming purchaser's costs at 5.4%)
- Gross Initial Yield 8.75%
Offers are sought in excess of £440,000.
( Agency Pilot Software Ref: 446 )
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