312 Wrythe Lane
Carshalton
Surrey
SM5 1AF

Retail and Residential Investment Opportunity

  • Affluent Surrey commuter town
  • Shop and self-contained four bedroom maisonette
  • VAT -free investment
  • Lot
    29
  • Auction
    28/Mar/2018
  • Rent
    £26,200 per Annum Exclusive
  • Status
    Sold
  • Price*
    £155,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • On behalf of Mapeley
Important Property Update
  • 312 Wrythe Lane<br>Carshalton<br>Surrey<br>SM5 1AF
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Property Information

Location
Miles
12 miles south of Central London, 4 miles west of Croydon, 2 miles north of Sutton, 7 miles west of Crystal Palace
Roads
A217, A297, A24
Rail
St Helier and Sutton Common Railway Stations
Air
London Gatwick and London Heathrow Airports
Situation

Carshalton is an affluent Surrey commuter town located 12 miles south of Central London, 4 miles west of Croydon and 9 miles north of the M25 (Junction 9). The property is situated in a predominantly residential suburb 1.5 miles north of Carshalton town centre on Wrythe Lane, close to its junction with Stavordale Road. There is a bus stop close by. Nearby occupiers include Betfred, Superdrug, Costcutter, Barnardo’s and Lidl.

Tenure

Leasehold. Held for a term of 99 years from 24th June 1935 (approximately 16 years unexpired) under two separate leases at a rent of £41 per annum and £40 per annum respectively.

Description

The property comprises a ground floor shop with a selfcontained flat above on first and second floors.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

Bidder's Legal Report

For the ease and convenience of prospective buyers,to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is advisable. For more information, please click here.

Tenancy & Accomodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.xReversion
GroundRetail
100 sq m
(1,076 sq ft)
INDIVIDUAL
t/a Christina’s
Nails
10 years from
28/05/2010
£10,000 (1) (2)2020
First/
Second
Residential
5 Rooms, Kitchen &
Bathroom
92.60 sq m


(997 sq ft)
INDIVIDUALSAST for 1 year from
27/02/2018
£16,200
(annualised)
26/02/2019
Total
192.60 sq m
(2,073 sq ft)
  £26,200 

(1) Please note the 2015 rent review has not yet been triggered.
(2) Rent deposit of £6,000 held.

Property Documents

  • Site Plan
    Updated Date
    06.03.18
    File Size
    863 KB
    View PDF
  • Catalogue Page
    Updated Date
    06.03.18
    File Size
    677 KB
    View PDF
  • Common Auction conditions
    Updated Date
    27.03.17
    File Size
    124 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Peter MayoPeter Mayo +44 (0)20 7034 4864 +44 (0)7833 459318Peter.mayo@acuitus.co.uk
Will MooreWill Moore +44 (0)20 7034 4858 +44 (0)7899 877 224will.moore@acuitus.co.uk
Seller's Solicitors
Irwin Mitchell LLP Bauhaus, Rossetti Place, 27 Quay Street
Manchester
M3 4AW
Paul Barnard 0161 838 3142paul.barnard@irwinmitchell.com  Briana Scally 0161 838 3166briana.scally@irwinmitchell.com

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