Sold £36,000
- Block of Apartments
- Tenure: Freehold
Call the team on 020 7625 9007 for more information
A Part Reversionary Ground Rent Investment Secured Upon Two Residential Units and a Ground Floor Shop Producing a Combined Income of £300 per annum. The First and Second Floor Maisonette has 62 Years Unexpired on its Lease.
The property comprises a mixed use end of terrace building arranged over lower ground and three upper floors.
Tenure
Freehold
Location
The property is situated in the South East London area of Lee amongst local shops and amenities. Nearby multiples include Pizza Hut, Ladbrokes, Londis and numerous local established traders. The open spaces of Old Colfeians Sports Grounds are within easy reach. Transport links are provided by Lee rail station.
S5(b) Notices have been served under the Landlord & Tenant Act 1987 and the leaseholders have not reserved their rights. The landlord has the right to manage and insure the building.
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.
