H&T Pawnbrokers & 2 Flats, Elephant & Castle, Central London
- Freehold Blue-Chip Retail & Residential Investment in Central London.
- Ground floor & basement unit of 1,370 sq ft.
- Upper floors contain 2 residential flats (700 sq ft & 500 sq ft).
- Elephant and Castle is a Popular Zone 1 location in Central London, in the London Borough of Southwark.
- The property located in the middle of a busy high street with very good footfall, within a short walking distance from Elephant & Castle and Kennington Underground Tube Stations
- Ground floor & basement unit let on FRI lease to H&T Pawnbrokers
- Lease until 30th Jan 2023 at a current rent of £35,000
- 2 bed flat of circa 700 sq ft let on AST producing £15,360 annually (£1,280 pcm)
- 1 bed flat of circa 500 sq ft let on ASP producing £13,140 annually (£1,095 pcm)
- Total rent of £63,500 pa.