BTC Commercial is delighted to offer this mixed-use freehold investment opportunity in the Royal Borough of Greenwich in South East London consists of a Three bedroom flat and a shop.
The property is between residential and commercial streets in Greenwich and is just a mile from the train station and bus stops.
The commercial premises are located on the ground floor of the building and offer a good size spacious space. The property is adaptable to host of alternative retail or commercial uses & having development potential in an excellent location. The residential part has a separate entrance.
Commercial shop has just been leased out for 5 years and achieving a rent of £15,600 Per Annum. Residential part can right now is self occupied by the freeholder but can achieve a rent between £18,000 and £21000 p.a. The property is in good condition throughout and can be modernized to suit the needs of new occupants.
Three bedroom flat is situated on the upper floors of the building and offers spacious and well-presented accommodation.
Overall, this property presents an excellent opportunity for those looking for a spacious mixed-use freehold investment situated in a well-positioned for access to local amenities, transport links, and green spaces.
Potential: There is a potential to do an extension of the shop at the rear with planning consent which can be used for storage or warehouse purposes as it got can have a separate entrance as well.
Shop Size: 310 Sqft Approx.
Residential property size: Room 1 - 140 sqft Approx., Room 2 - 90 sqft Approx., Room 3 - 62 sqft Approx., Living room with kitchen - 180 sqft Approx., Bathroom with toilet - 70 sqft Approx., Garden - 400 sqft Approx.
Tenure: Freehold
The vendor is seeking offers in the region of £550,000 for the freehold interest.
For further information, please contact the BTC Commercial and Investment team at ---- --- ---- or [email protected].
