Mixed Use Investment for Auction London SE14

Auction Date 06 June 2024
Guide Price £575,000
Property Summary

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.

Property Types
Flats/Maisonettes Commercial Property Mixed Use Property Investment Property

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