Property Investment Plumstead South East London SE18

Auction Date 18 September 2024
Guide Price £230,000
Property Summary

Guide Price £230,000. A mid terrace building comprising a Ground Floor Shop and Basement with separate rear access to a Self-Contained 1 Bed Flat on the first floor. The entire property is let on a full repairing and insuring lease for a term of 10 years from 13th June 2023 (renewal of a previous Lease) at a current rent of £17,000 per annum exclusive (rising to £18,000 p.a. in June 2025, £19,000 p.a. in June 2026 and £20,000 p.a. in June 2027).

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