Tenancy: the ground floor and basement retail premises are currently vacant.
The estimated rental value (erv) is in the region of £35,000-£40,000 per annum.
The two residential flats to the upper floors, are both let on 12 month ast’s ending in february 2019, producing a total income of £27,600 per annum.
Planning: a ground floor and basement unit with a1 use (shops), whilst the uppers are c3 (dwellinghouses) in accordance with the town and country planning act 1987 (as amended).
The subject property is a late Victorian building, built approximately in 1900 and consists of a ground floor and basement retail unit and first and second floor residential space comprising of flats.
The property is prominently situated on Replingham Road, with Southfields Station (approximately 195 ft) which offers access to the underground (District Line). The local area is a mixture of commercial and residential properties which benefit from excellent transport links, with bus routes along the A3 (Elephant & Castle & Camden Town).
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