Acre Lane, Brixton, London Sw2

£830,000

Guide price

  • Bedrooms: 3
Total Income £47,600 pa. Producing initial yield of approximately 5.75%. Total area approximately 175 sq m/1883sq ft

An Unbroken Mixed Use Freehold Site located on the well established prime corner site of Acre Lane and Solon Road, Brixton.

Shop :

Occupied by Brewers : Ground Floor there is a large shop with rear storage room, rear access, and lower ground floor with separate office, kitchen and w.c. area (94 sq m / 1011 sq ft approx.) The current rent is £20,000 pa on a new 10 year FRI lease inside the provision of the Landlords and Tenants Act 1954

Flat :

Upstairs there is 3 bedroom split level apartment ( 81sq m/872sq ft) with private side access currently let on an Assured Shorthold Tenancy from 22/8/2019 for 2 years at a current rent of £27,600 pa.

Brixton Station is approximately half a mile away as well as numerous bus services being close by.

For more information please contact Ian Browne on 0208 466 9101.

Arrange viewing 08435 389846

Browne Estates - Bromley

197 Widmore Road, Bromley, Kent

See all properties from this agent

Send me homes like this by email

Redhill And Reigate Life