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A Substantial Mixed Use End of Terrace Building Arranged to Provide a Ground Floor Restaurant and a First Floor Two/Three Bedroom Flat Fully Let At £31,800 Per Annum
The property comprises a mixed use end of terrace building arranged to provide a ground floor restaurant and a first floor two/three bedroom flat.
Tenure
Freehold
By Order of the LPA Receivers
Location
The property is situated on a mixed use road close to local shops and amenities. The open spaces of Eltham Common are within easy reach. Transport links are provided by Eltham rail station and the A205.
Accommodation
Ground Floor Restaurant Area Two Kitchens Two WC's GIA Approximately: 85 sq m (914 sq ft) First Floor Two Reception Rooms Kitchen Two Bedrooms Study Room Bathroom GIA Approximately: 50 sq m (533 sq ft)
Tenancy
The flat is subject to an Assured Shorthold Tenancy for a term of 12 months commencing 3rd July 2023 at a rent of £1,550 per calendar month (Holding Over). The restaurant is subject to a lease for a term of 25 years at a rent of £1,100 per calendar month. We don't believe rent has been collected or is being received. Please refer to the legal pack for further information.
The property has not been inspected by Auction House London. All information has been supplied by the Receiver and a previous listing. Please refer to the legal pack for more information.
Energy Efficiency Rating (EPC)
Current Rating D
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.