Freehold Retail and Residential Investment
Freehold Retail and Residential Investment
The property is situated in a prominent position on the western side of the pedestrianised High Street, close to its junction with Lee High Road and some 40 metres from an entrance to Lewisham Shopping Centre with retailers including Marks & Spencer, WH Smith, Boots the Chemist, H & M, BHS and Next. Neighbouring occupiers include Vodafone, Barclays Bank, Subway and Greggs.
Freehold.
The property is situated in a prominent position on the western side of the pedestrianised High Street, close to its junction with Lee High Road and some 40 metres from an entrance to Lewisham Shopping Centre with retailers including Marks & Spencer, WH Smith, Boots the Chemist, H & M, BHS and Next. Neighbouring occupiers include Vodafone, Barclays Bank, Subway and Greggs.
Freehold.
The property comprises retail accommodation on the ground floor and a self-contained four room maisonette on the first, second and third floors. The residential maisonette is accessed from the rear.
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises retail accommodation on the ground floor and a self-contained four room maisonette on the first, second and third floors. The residential maisonette is accessed from the rear.
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Review | |
|---|---|---|---|---|---|---|---|
| Ground | Retail | 101.42 sq m |
(1,092 sq ft) |
BRITISH HEART FOUNDATION (1) | 10 years from 07/05/2013 until 2023 on a full repairing and insuring lease | £60,000 | 07/05/2018 |
| First Second Third |
Residential | 28.48 sq m 29.52 sq m 20.50 sq m |
(306 sq ft) (318 sq ft) (221 sq ft) |
INDIVIDUALS | Holding over on 4 x separate agreements (2) | £14,400 | |
| Totals | 179.92 sq m |
(1,937 sq ft) |
£74,400 | ||||
(1) British Heart Foundation is a leading UK Charity established in 1961 and currently trades from approximately 700 outlets in the UK including 150 furniture and electrical stores. In addition British Heart Foundation operates an on-line store. (Source: www.bhf.org.uk)
(2) The rent has been annualised. Copies of the agreements can be found in the legal pack.
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