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Mixed Use Investment, 17 Mulgrave Road, Sutton, SM2 6LJ

1,671 Sq Ft / Other / Investment

Withdrawn - Last updated: 18 November 2019

The two-storey detached property is of brick construction with rendered elevations, beneath a pitched tiled roof.

( Agency Pilot Software Ref: 320 )

Location

The property is located on the southern side of Mulgrave Road, between its junctions with Cadogan Close and Worcester Road.

Sutton is a densely populated residential area and a thriving retail and commercial centre, situated approximately 12 miles south-west of central London, 5 miles west of Croydon, 10 miles north of Reigate and 7 miles south-east of Kingston. Heathrow and Gatwick Airports are also conveniently based with access via the M25/M4 and M25/M23 respectively.

Sutton mainline BR station provides fast regular services to both Victoria (26 minutes) and London Bridge (33 minutes).

Accommodation

Ground Floor Dental Practice - 79.41 sq m (855 sq ft)
Ground Floor Rear Consulting Room - 10.08 sq m (109 sq ft)
First Floor Flat 1 - 28.57 sq m (307 sq ft)
First Floor Flat 2 - 37.21 sq m (400 sq ft)
Total Internal Floor Area - 155.27 sq m (1,671 sq ft)

Terms

The premises are available Freehold, subject to the existing Tenancies and the benefit of the rental income.

Tenancy Schedule
Dental Practice
Tenant: Satwinder Singh Hira, t/as Mulgrave Dental Centre www.mulgravedental.com

Let out on a Full Repairing and Insuring Lease for a term of 20 years from 26/06/2015, with five yearly rent reviews, at a current rental of £XXX per annum exclusive

Rear Consulting Room
Tenant: Paola Ash Osteopathy & Podiatry www.backsandfeet.co.uk

Let out on an informal basis, with the existing Tenant holding over at a rental of £XXX per annum exclusive

Flat 1 – let out on an Assured Shorthold Tenancy at a current rental of £XXX per calendar month, ie £XXX per annum exclusive.

Flat 2 – let out on an Assured Shorthold Tenancy at a current rental of £XXX per calendar month, ie £XXX per annum exclusive.

VAT: The property has not been elected for VAT.

Guide Price: £XXX

EPC: The property has a current rating of C (73).

Legal Costs: Each party is to be responsible for their own costs in this transaction.


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