188 & 186 High Street, Colliers Wood
Savills house

188 & 186 High Street, Colliers Wood, London SW19 2BN

£800,000 Score 2.0/10

Description

To be offered on Wednesday 29 July. A freehold mid terrace property comprising of 2 x commercial units & 2 x one bedroom duplex flats. Current commercial tenants wish to sign new 5 year leases at increased rent. Commercial units currently let at £44, 000 p.a. (Rising in 2027 to £50, 000 p.a.). 2 x flats let on AST's (Periodic Tenancy) at £30, 000 p.a.. Located opposite Colliers Wood Station (underground services). VAT free investment. 6 week completion available. Investment let at £74, 600 p.a. (9.32% on guide price) rising to £80, 600 p.a. in 2027 (10.07% GIY on guide price)

Opportunities

  • Freehold
  • Quick completion
  • Title split (4 units)

Lot details

  • To be offered on Wednesday 29 July
  • A freehold mid terrace property comprising of 2 x commercial units & 2 x one bedroom duplex flats
  • Current commercial tenants wish to sign new 5 year leases at increased rent
  • Commercial units currently let at £44, 000 p.a. (Rising in 2027 to £50, 000 p.a.)
  • 2 x flats let on AST's (Periodic Tenancy) at £30, 000 p.a.
  • Located opposite Colliers Wood Station (underground services)

Indicative analysis from auction-house listing data. Verify with the legal pack and your broker before bidding.