Property Auctions - sell flat at auction lewisham
Auction date: Thu, 06/06/2024 - 12:00
Guide Price £575,000+. Freehold Commercial/Residential Investment – Shop & 6 Flats. In same ownership for over 40 years. The entire property is let on a full repairing and insuring lease for a term of 25 years from 29th September 2003 at a current rent of £18,000 per annum exclusive. Rent Review September 2023 (Outstanding - Landlord quoted £45,000 p.a. and the Tenant has not agreed to this figure). Note: The auctioneers understand that the entire property has been sub-let at a substantially higher rent than is currently being paid.