Lot 43
    Mixed Use
    117 Southampton Way
    Camberwell, London, SE5 7EW
    Please refer to auctioneer for more information
     
    Number 1
    An End of Terrace Building Comprising a Ground Floor Shop and a First Floor One/Two Bedroom Flat Fully Let Producing £33,400 Per Annum with Further Development Potential (Subject to Obtaining all Necessary Consents)

    Description

    The property comprises an end of terrace building arranged to provide a ground floor shop and a first floor one/two bedroom flat.

    Tenure

    Freehold

    Location

    The property is situated on a mixed use road close to local shops and amenities. Transport links are provided by Kennington underground station (Northern line) and Denmark Hill rail and overground stations.

    Planning

    Southwark Council granted the following planning permission (ref: 16/AP/3007) on 14th November 2016: 'Change of use from A5 (take away) to C3 (residential) at ground floor level into 1x Studio flat and erection of extensions and mansard roof to create 1x2 bedroom duplex flat at first and second floor. Provision of refuse and cycle store' (Now Lapsed).

    Accommodation & Tenancy Schedule

    Floor Accommodation Tenancy Current
    Annual Rent
    Ground Retail Area 10 Year Lease from 1st January 2018 £16,000
    First Kitchen/Diner, Two Bedrooms, Bathroom Let on an AST £17,400
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