Income Producing Investment Opportunity – For Sale – Deptford High Street, London, SE8 4NS

Accommodation
Two ground floor lock up commercial units & modest ground rent income
Property Type
E Class Commercial
Tenure
Long leasehold sale
Price
On application

Overview

An exciting opportunity to acquire a long leasehold income producing investment which includes two recently let commercial properties and ground rent income from 6 flats, situated in one of the most prominent locations on Deptford High Street.

Description

An opportunity to purchase the head lease over two commercial lock up properties and 6 flats, which have been sold off on long sub-leases.

The two commercial properties are self contained units which have been let recently and have been fitted out to a high standard by the incoming tenants.

The images below illustrate the fit out quality of the right hand unit, 133B Deptford High Street.

Location

The properties are located on the busiest stretch of Deptford High Street and form part of the Deptford Market Yard area.

Located less than 50 meters from Deptford train station which has a regular service to London Bridge which takes approximately six minutes.

The wider area is also undergoing rapid transformation due to the influx of creative industries and young professionals to the area.

Deptford itself is nestled between Canada Water, which is currently London’s largest regeneration area, and Greenwich which is widely considered as one of South London’s most attractive areas.

Accommodation

133 A – Deptford High Street – 635 sq. ft.

133B – Deptford High Street – 723 sq. ft.

Tenancy Schedule

A full tenancy schedule is available on request, however we can advise that the combined passing rent currently equates to £37,500 per annum exclusive with staggered increases over the initial 5 year term certain.

The current ground rent income totals £187.50 per annum.

Price

On application.

Tenure

The head lease is for a term of 150 years from June 1990 .

Viewings

Strictly by appointment with TD-RE.

EPC

EPC available on request.

Disclaimer

All properties are offered subject to contract and availability. These particulars are believed to be accurate and correct at the time of publishing, however TD-RE cannot accept any liability for any misrepresentation made in these particulars. Prospective purchasers or tenants must make theirown enquiries to satisfy themselves as t the accuracy of these particulars.

Anthony Tappy-Day

Partner

For more information or to view contact Anthony.