For Sale By Auction | 12:00, 31 October 2017 | Lot 27

172 Trafalgar Road, Greenwich, London, SE10 9TZ

Sold £627,000

  • Commercial Development
  • 3 Bedrooms

Call the team on 020 7625 9007 for more information

Auction Date

Tue 31/10/2017

Auction Time

12:00

Auction Venue

London Marriott Hotel Regents Park, 128 King Henry’s Road, London, NW3 3ST

A Fully Let Freehold Commercial & Residential Investment Producing £50,400 per annum. Offered with Planning Permission for a Two Storey Rear Extension to Convert the Existing Upper Parts into 2 x 1 Bedroom Flats.

The property comprises a mid terrace building arranged over ground and two upper floors currently arranged as a ground floor shop with a rear studio

Location

The property forms part of an established parade on a busy thoroughfare in the South East London area of Greenwich amongst local shops and amenities. Nearby multiples Tesco Express, KFC, Coral Betting, Boots Pharmacy and numerous other local traders. Transport links are provided by Maze Hill rail station.

Overflow

flat and a four bedroom self-contained flat over first and second floors.

Planning

The Borough of Royal Greenwich granted the following planning permission (Ref: 15/3298/F) on 21 December 2015: 'Construction of a 2-storey rear extension at first floor and conversion of first and second floors to form 2 x 1-bed flats'. Current Rent Reserved £50,400 per annum

Viewing Details

Open House Viewings: Tuesday 17th October 14:00 - 14:30 Thursday 19th October 14:00 - 14:30 Tuesday 24th October 14:00 - 14:30 Thursday 26th October 14:00 - 14:30

Addendum

The property comprises a four bedroom self-contained flat above and not as originally described in the catalogue.

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.