An unbroken freehold mixed-use investment comprising four commercial units let to takeaway tenants and 2 x two-bedroom apartment all fully let at £69,500pa. Potential to add an additional storey (STPP) and increase income.
Location
The property is situated in a densely populated residential area and provides excellent amenities and transport links nearby. New Eltham Station is less than 300m away and offers direct access to Central London in less than 35 minutes. Local shops, pubs and restaurants nearby and New Eltham High Street located one mile away.
Accommodation
Unit 25 - Commercial - 40 sq m
Unit 25a - Residential - 45 sq m
Unit 27 - Commercial - 29 sq m
Unit 29 - Commercial & Residential (wrapped in a commercial lease) - 85 sq m
Unit 31 - Commercial - 40 sq m
Total - 239 sq m
Terms
Planning - 22/2852/F - Subject to appeal for the construction of an additional storey to provide two studio units, alterations to existing first-floor residential units to provide one studio and one bedroom unit and associated external alterations and works.
VAT - Not applicable
Proposal - Offers in excess of £1,000,000
Tenancies - Please see brochure for more information