Investment Sale

Strettons acted as joint sole agents to offer for sale this prime investment opportunity in the affluent area of Putney.

Strettons have acted for the freeholder for a number of years actively managing the commercial element of the property. Following completion of the commercial rent review where the rent increased from £100,000 to £125,000 p.a, the lease term was also increased by way of a deed of variation to the existing lease.  

In addition to the commercial element, there are also two 4 bedroom flats on AST’s producing a combined rent of £55,260 p.a. on the first, second and third floors of the property. The commercial and residential elements combined made this a very attractive proposition for a wide variety of investors.

A large number of the offers were received for the property which sold in February 2017 for well in excess of the asking price of £3,750,000.