Investment Opportunity

Tulse Hill, London, SW2. £425,000 (subject to contract).

Tulse Hill, London, SW2.

Freehold Shop And Uppers For Sale. The property comprises a three storey mid - terraced building with a three - storey section extending to the rear incorporating a lock up retail unit with takeaway use (A5) and a self contained 3 bedroom flat arranged on the upper floors (accessed from the front of the building). The ground floor shop is currently let on a 20 year FRI lease to a local Indian takeaway operator at a rental of £14,000 per annum from July 2006 with 5 yearly upward only rent reviews. Next rent review due in July 2011.  There is full planning permission granted to convert and extend the upper floors into 3 flats comprising 1 x 3 bedroom flat, 1 x 2 bedroom flat and a 1 x 1 bedroom flat.

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For further information:

Daniel Reuben or Ben Levy on 020 76251266.