Vehicle Showroom/Workshop let until March 2027 t/a NGN Motors
Prominently situated 200 metres from Catford Railway Station
Excellent rail and road communications
Future re-development potential (subject to consents)
Lot 11
Auction 13th February 2025
Rent £35,500 per Annum
Status Available
Guide* £425,000
Sector Motor Trade
Auction Venue Live Streamed Auction
On Behalf of Network Rail
Property Information
Location
Miles
4.2 miles south of Canary Wharf, 6.2 miles south east of Central London
Roads
A205, A21, A212
Rail
Catford (ThamesLink), Catford Hill (South Eastern)
Air
London Heathrow Airport, London City Airport
Situation
Catford is a district in south-east London that boasts excellent communication links via the A2 and A205, as well as being close to Central London via Honor Oak Park Tube Station (30 minutes) and Catford/Catford Bridge Train Stations. The property is prominently situated on Catford Hill (A212), at its junction with the South Circular Road (A205). The property also benefits from being less than 250 yards from both Catford and Catford Bridge Railway Stations (24 minutes to London Blackfriars).
Tenure
Freehold.
Location
Miles
4.2 miles south of Canary Wharf, 6.2 miles south east of Central London
Roads
A205, A21, A212
Rail
Catford (ThamesLink), Catford Hill (South Eastern)
Air
London Heathrow Airport, London City Airport
Situation
Catford is a district in south-east London that boasts excellent communication links via the A2 and A205, as well as being close to Central London via Honor Oak Park Tube Station (30 minutes) and Catford/Catford Bridge Train Stations. The property is prominently situated on Catford Hill (A212), at its junction with the South Circular Road (A205). The property also benefits from being less than 250 yards from both Catford and Catford Bridge Railway Stations (24 minutes to London Blackfriars).
Tenure
Freehold.
Description
The property comprises a single storey vehicle showroom/workshop of approximately 246.17 sq m (2,649 sq ft). The property may be suitable for re-development subject to the lease and obtaining the necessary consents.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a single storey vehicle showroom/workshop of approximately 246.17 sq m (2,649 sq ft). The property may be suitable for re-development subject to the lease and obtaining the necessary consents.
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Ground
Vehicle Showroom/Workshop
246.17
(2,649)
NEGUINHO MOTORS LIMITED t/a NGN Motors
A term of years until 05/03/2027
£35,500
Total
246.17
(2,649) (1)
£35,500
(1) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.