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.