A rare opportunity to purchase a mixed use freehold devided into a ground floor retail unit (class E), and a 3 bedroom maisonette and south facing roof terrace.
The retail unit has recently been let on a 15 year lease with 5 year rent reviews with an annual rent of £45,000 per annum. The 3 bedroom maisonette is let on an AST agreement with an annual rent of £43,000, giving a total annual yield of £88,000 per annum.
The Cut is a semi-pedestrianised street, and well known for its cafe's, restaurants, bars and theatres, located between Southwark station (1 minute), and Waterloo (3minutes).
Viewing by appointment.
| Contract Type: |
Freehold |
| Price: |
£1,445,000
(Subject to Contract) |