37 The Cut |
3 Bedrooms, 2 Bathrooms | £1,500,000 |
A rare opportunityto purchase a mixed use freehold terraced house on one of the most well known streets in SE1, comprising of a shop on street level and an independant 3 bedroom maisonette on the 1st and 2nd floors.
The Cut is well known for its shops, cafe's, restaurants and bars, and famous for its theatres and even more popular since the street was semi-pedestrianized in 2022, giving the area a more continental atmosphere in this most sought after area.
Located 2 minutes from Southwark station, 4 minutes from Waterloo and 5 minutes from London Blackfriars station on the river.
The 3 bedroom maisonette has an independant front door on street level and is currently being let on an AST agreement (Assured shorthold tenancy), for a period of 1 year. The lease expires on the 26th August 2024. The estimated rent for the year 2024-25 is estimated to be £43,000.
The proposed rent for the commercial space, which is classed as E for multiple uses is estimated at £40,000 per annum.This provides a total income of £83,000 for the building.
Viewing by appointment.
| Sole Agent | |
| Council Tax: | £1,593 Band C |
| Contract Type: | Freehold |
| Price: | £1,500,000 (Subject to Contract) |