Nationwide welcomes to the market this FREEHOLD INVESTMENT. Semi-detached property, main road trading position, densely populated residential & commercial area SE LONDON.
GROUND FLOOR DOUBLE FRONTED SALES SHOP operated as a Convenience Store with Full Free Off Licence
Staff w.c. & wash hand basin
Basement ideal for storage purposes
The ground floor sales area and basement we understand are let on a new full repairing and insuring lease for a period of 25 years from 2016 at a curent rental of £15,000 p.a. for the next 2 years with rent review at that time and thereafter every 5 years.
ASKING PRICE FOR THE VALUABLE FREEHOLD INVESTMENT £392,000 subject to contract
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT (Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote)Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Lease : £392,000 Freehold : £392,000 (M5019)
Is accommodation included?:
The accommodation in the form of a SELF CONTAINED FLAT over is currently let on a shorthold tenancy & provides a rental of £950 P.m. The FLAT which does require some redecoration comprises:
1 Double Bedroom
Bathroom with bath, w.c. & wash hand basin