- Fully let
- Current income £56,000 per annum
Full Description
LOCATION
The properties are prominently located in a retail and residential parade on Brockley Rise within walking distance of Honor Oak Park Station (Mainline Rail & Overground).
DESCRIPTION
Comprises a small parade of two long leasehold retail investments (no’s 60 & 62 on new 999 year long leaseholds) and one freehold retail and residential investment (no 64).
FLOOR & SITE AREAS
The approximate Floor areas of the premises are :
60 Brockley Rise
Ground Floor Retail = 1,083 sq ft (100.62 sqm)
62 Brockley Rise
Ground Floor Retail = 475 sq ft (44.11 sqm)
64 Brockley Rise
Ground Floor Retail = 436 sq ft (40.50 sqm)
1st & 2nd Floor Residential = 980 sq ft (91.05 sqm)
Total = 1,416 sq ft (131.55 sqm)
The property is currently producing a total income of £56,000 per annum.
TERMS
The Long Leaseholds and Freehold are offered for sale by way of a single purchase, subject to the existing tenancies.
PRICE
Offers invited in the region of £980,000; reflecting a gross initial yield of 5.71%.
Viewing
Please contact us on 020 7234 9639 if you wish to arrange a viewing appointment for this property, or require further information.
Disclaimer
Field and Sons Commercial endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.