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92 Bedford Hl 970 SF Retail Condo Unit Offered at $614,910 CAD in London SW12 9HR
Investment Highlights
- Good footfall
- Great local amenities
- Great transport links
- Prime Balham Location
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User | Tenure | Long Leasehold |
| Sale Type | Owner User |
| Tenure | Long Leasehold |
Description
Ground floor and basement available.
Sale Notes
Residenza are delighted to present this prime long leasehold Class E commercial premises situated on the highly sought-after Bedford Hill, just a 5-minute walk from Balham Underground and National Rail Station.
The property is currently let on a 9-year lease from May 2024, producing a rental income of £22,000 per annum, equating to a gross yield of approximately 6.76% at the asking price.
The lease benefits from 10% upward-only rent reviews every three years, with the rent increasing to £24,200 per annum from August 2026, improving the gross yield to approximately 7.44%. The property comprises a ground floor retail unit with additional basement accommodation, including a secondary seating area, kitchen and full bathroom, offering excellent flexibility for a range of Class E uses.
Benefiting from no service charge, low landlord outgoings and excellent footfall, this is an outstanding opportunity for investors seeking secure, growing income or business owners looking to secure a well-positioned commercial premises with future owner-occupier potential.
A buyer"s fee of 2% plus VAT is payable on this sale.
For viewings and more information, please get in touch with our commercial team at Residenza Properties Tooting.
The property is currently let on a 9-year lease from May 2024, producing a rental income of £22,000 per annum, equating to a gross yield of approximately 6.76% at the asking price.
The lease benefits from 10% upward-only rent reviews every three years, with the rent increasing to £24,200 per annum from August 2026, improving the gross yield to approximately 7.44%. The property comprises a ground floor retail unit with additional basement accommodation, including a secondary seating area, kitchen and full bathroom, offering excellent flexibility for a range of Class E uses.
Benefiting from no service charge, low landlord outgoings and excellent footfall, this is an outstanding opportunity for investors seeking secure, growing income or business owners looking to secure a well-positioned commercial premises with future owner-occupier potential.
A buyer"s fee of 2% plus VAT is payable on this sale.
For viewings and more information, please get in touch with our commercial team at Residenza Properties Tooting.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Retail | 970 SF | Retail | $614,910 CAD ($633.93 CAD/SF) | - |
Unit Retail
| Unit Size |
| 970 SF |
| Condo Use |
| Retail |
| Price |
| $614,910 CAD ($633.93 CAD/SF) |
| NOI |
| - |
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Unit Retail
| Unit Size | 970 SF |
| Condo Use | Retail |
| Price | $614,910 CAD ($633.93 CAD/SF) |
| NOI | - |
| Sale Type | Owner User |
| Tenure | Long Leasehold |
| Description | |
| Ground floor and basement available.</li></ul> | |
| Sale Notes | |
| Residenza are delighted to present this prime long leasehold Class E commercial premises situated on the highly sought-after Bedford Hill, just a 5-minute walk from Balham Underground and National Rail Station.<br> <br> The property is currently let on a 9-year lease from May 2024, producing a rental income of £22,000 per annum, equating to a gross yield of approximately 6.76% at the asking price.<br> <br> The lease benefits from 10% upward-only rent reviews every three years, with the rent increasing to £24,200 per annum from August 2026, improving the gross yield to approximately 7.44%. The property comprises a ground floor retail unit with additional basement accommodation, including a secondary seating area, kitchen and full bathroom, offering excellent flexibility for a range of Class E uses.<br> <br> Benefiting from no service charge, low landlord outgoings and excellent footfall, this is an outstanding opportunity for investors seeking secure, growing income or business owners looking to secure a well-positioned commercial premises with future owner-occupier potential.<br> <br> A buyer"s fee of 2% plus VAT is payable on this sale.<br> <br> For viewings and more information, please get in touch with our commercial team at Residenza Properties Tooting.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 970 SF | Typical Floor Size | 485 SF |
| Property Type | Retail (Condo) | Year Built | 1890 |
| Property Subtype | Storefront Retail/Residential | Tenancy | Single |
| Building Class | B | Lot Size | 0.03 AC |
| Floors | 2 |
| Total Building Size | 970 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 485 SF |
| Year Built | 1890 |
| Tenancy | Single |
| Lot Size | 0.03 AC |
Amenities
- Bus Line
- Signage
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Nearby Major Retailers
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Street
Map
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92 Bedford Hl
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