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A Freehold Mid Terrace Building Arranged to Provide Four Flats (One Sold Off with Reversionary Value) Fully Let Producing £50,789.64 Per Annum
The property comprises four flats (one sold off with reversionary value) situated within a mid terraced building arranged over lower ground, ground and two upper floors.
Tenure
Freehold
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Greenwich Park are within easy reach. Transport links are provided by New Cross overground station and rail station.
Accommodation
Lower Ground Floor - Flat 1 Studio Room with En-Suite Kitchen Lower Ground Floor - Flat 2 Reception Room Kitchen Bedroom Bathroom Ground Floor Flat - 3 Reception Room Kitchen Bedroom Bathroom First and Second Floors - Flat 4 Sold Off - Not Inspected
Tenancy
Three flats subject to individual tenancies at a rent of £50,789.64 per annum. The first and second floor flat is sold off on a 99 year lease from 25th December (1984) with 56 years unexpired.
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,800 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.