Skip to main content

635 Garratt Lane, Earlsfield SW18 D1 for sale

£250,000

Property description

    Property features

  • D1
    (n/a)
  • Dimensions: 70 m2
    (752 ft2)

The subject property fronts on to Garratt Lane. The property consists of a ground floor D1 unit in accordance with the Town & Country planning act 1987. The ground floor retail unit is occupied by Earlsfield Dental Practice.

Location: The property is located within 2 minutes of Earlsfield Station on the busy thoroughfare of Garratt Lane (A217), other nearby retailers include Dominos, Ladbrokes, Goodfellas, Café La Pernella and Meat Rack. The property benefits from excellent transport links with Earlsfield train station (South Western Trains) 0.3 miles away which provides access to Waterloo, Tooting Broadway Underground Station is also 1.1 miles (Northern Line). Several local bus routes also run along Garratt Lane such as 77, 270 and 44.

Terms & conditions: The ground floor retail premises are let to Earlsfield Dental Practice on an internal repairing and insuring lease for a term of 15 years from 1st February 2016, expiring on 31st January 2031, with a break at year 8. The current commercial annual rent is £14,000 per annum and is subject to an open market rent review at the end of the fifth year. The lease is held inside the provisions of the Landlord and Tenant Act 1954 Pt II s.24-28.

Sale: We are instructed to seek offers in the region of £250,000.00 subject to contract. A purchase at this level would reflect a net initial yield of 5.46%, having allowed for purchaser’s costs at 5.05%.

Additional information

Tenure

Freehold

Nearest stations

  • Earlsfield (0.3 miles)
  • Wimbledon Park (0.6 miles)

Property location map

Map key

Earlsfield area information

Discover what it's really like to live in Earlsfield with information including local amenities, architecture, outdoor space, transport and local schools.

Read more about Earlsfield

Arrange a viewing
Contact KFH Commercial Team Call 020 3199 8115 or View branch details
Arrange a viewing online

Request a viewing

Please complete the form below and we'll get back to you to make the arrangements.

*Please complete all required form fields

KFH branch finder

We have 60 branches across the Capital.

Free property valuation

Mortgage estimator

£
£
%
Yr

Stamp duty calculator

£

Read more testimonials Leave a review

Find a property

Please upgrade your browser

The Kinleigh Folkard & Hayward website uses the latest technology to give you the best possible experience, unfortunately your browser doesn't support these technologies.

Click here to upgrade to a modern browser