Auction House London

Lot 28

 

385 New Cross Road

New Cross, London, SE14 6LA

Sold for £349,000.

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.

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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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