Rare opportunity to acquire a mixed use residential and commercial courtyard development investment opportunity.
Located in the centre of Tooting with excellent transport links to central London.
Long Leasehold interest for a term of 150 years, with approximately 145.5 years unexpired, at a peppercorn rent.
Asset management opportunities to increase rental and capital value.
Total current income of £163,800 per annum.
Potential reversionary income of £339,750 per annum.
Offers are invited in excess of £4,850,000 (FOUR MILLION EIGHT HUNDRED AND FIFTY THOUSAND POUNDS) subject to contract and exclusive of VAT. We have calculated the potential reversionary yield to be 6.57%.