Commercial Investment For Sale, 184-186 Westcombe Hill, Blackheath, SE3 7DH

A pair of A2 office premises on ground and basement floors, plus a self-contained upper part on two floors with potential for a third. This is currently used as a Complimentary Health Centre but would easily convert into residential (subject to planning) and provide 4 flats and possibly more by utilising the high roof space. There are doors on both landings leading out onto a flat ROOF TERRACE/FIRE ESCAPE.

The ground floor and basement of 184 is occupied by Brown and Brooke and 186 by Your Move, both estate agents. Lease terms as below.

184 - Renewed lease of ground floor and basement from February 2020 for 10 years with break clause and 5 year rent review to RPI. Current rent £XXX pa. paid monthly + 33.3% service charges .

186 - Renewed 10 year lease of ground floor and basement from September 2016 with breaks and 5 year rent review, being September 2021, to open market value. Current rent £XXX pa. paid quarterly in advance + 33.3% service charges.

( Agency Pilot Software Ref: 640 )

Location

Situated in an area known as the Blackheath Standard opposite Marks & Spencer’s supermarket on a busy junction between Westcombe Hill and Vanbrugh Park. Other users in the parade include Barclays Bank, Ladbrokes, together with a wide variety of independent retailers and restaurateurs.

Accommodation

APPROX 2,770 SQ FT PLUS

Terms

Business Rates: Interested parties are advised to make their own enquiries to the local Authority, being the Royal Borough of Greenwich.

Terms: The property is to be sold with the benefit of the 2 leases for the ground floor offices and vacant upper part.

VAT: Not applicable.

Legal Fees: Each party to bear their own legal costs.