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Property
Burlington Road, New Malden KT3
£250,000
Burlington Road, New Malden KT3
£250,000
Our Summary
- Future potential for re configuration subject to the relevant consents
Description
This mid-terraced property in New Malden, Surrey, offers a unique opportunity to purchase a freehold shop and upper flat with a single lease producing £20,000 per annum. The ground floor features a retail office with additional office space to the rear, while the first floor comprises a one-bedroom flat accessed internally via the commercial area. The property is situated on Burlington Road, close to local amenities, supermarkets, and cafes, with nearby rail connections to central London. The 15-year lease is inside the London and Terminal Dwellings and Buildings Act, and the guide price for the property is £250,000. With potential for reconfiguration subject to relevant consents, this property presents a great opportunity for investors or businesses looking to establish a presence in the area.