Wallington SOLD1-01

Status: Sold

Terms: Sold

Price: £1,415,000

Yield: 6%

31-35 Stafford Road, Wallington SM6 9AP

  • Located in the affluent South London suburb of Wallington
  • Situated 5 minutes from Wallington railway station in the town centre
  • Newly developed retail unit let to Screwfix Direct Ltd for a term of 10 years from Practical Completion
  • Screwfix Direct Ltd benefit from a Dun & Bradstreet credit rating of 5A1, a net worth of £569m and are a wholly owned subsidiary of Kingfisher plc.
  • Rent of £90,000 per annum
  • 250 year long leasehold at peppercorn (Virtual Freehold)
  • Seeking offers in excess of £1.415m subject to contract and exclusive of VAT
  • Net initial yield of 6% after allowance for purchaser’s costs of 6.05%

Trade Investment - Stafford Road, Wallington

31 Stafford Rd, Wallington SM6 9AN
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