*Guide | £390,000+ (plus fees)
- Retail Property (high street)
- Tenure: Freehold
Call the team on 020 7625 9007 for more information
A Mid Terrace Commercial Building Let to Virtue Specs Optician Subject to a Lease Producing £44,000 Per Annum
The property comprises a mid terrace commercial building arranged over ground and two upper floors.
Tenure
Freehold
Location
The property is situated on a pedestrianised road close to local shops and amenities. Nearby multiples include Santander, Poundland and McDonalds. The open spaces of Wellington Park are within easy reach. Transport links are provided by Woolwich underground (Elizabeth line) and rail stations.
Accommodation
Ground Floor Shop Area First and Second Floor Ancillary Space Total G.I.A. Approximately 1,239 sq ft
Tenancy
The property is subject to a lease for a term of 10 years commencing 17th March 2021 at a rent of £44,000 per annum. Upwards only rent review outstanding from 17th March 2026.
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 £1,800 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
