A Residential & Commercial Investment Producing £26,580 per annum

Description

Tenure

Freehold

Location

The property is situated on an established parade in the heart of New Cross. The open spaces of Fordham Park are within easy reach. Transport links are provided by New Cross overground and rail station.

Description (2nd Column)

The property comprises a basement and ground floor office with two self contained one bedroom flats above situated within an end of terrace building arranged over basement, ground and two upper floors.

Viewing Details

Tuesday 2nd September 12:00-12:30
Tuesday 9th September 12:00-12:30
Thursday 11th September 12:00-12:30
Monday 15th September 13:30-14:00

Accommodation & Tenancy Schedule

Property	Floor	Accommodation	Terms of Tenancy	Current Annual Income

Office	Basement Ground	Two Rooms, Kitchenette Room, Separate WC & wash basin	10 Year FRI Lease from 1 July 2014	£7,500
Flat 1	First	Reception Room with Open Plan Kitchen, Bedroom, Bathroom, Separate WC & wash basin	Let on an AST (holding over) at a rent of £750 pcm	£9,000
Flat 2	Second	Reception Room with Open Plan Kitchen, Bedroom, Bathroom, Separate WC & wash basin	Let on a 12 month AST from 29/11/13 at a rent of £840 pcm	£10,080

Additional Fees

Administration charge: £1,200 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

View Details as PDF Enquire Now

For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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