Key Features

  • Freehold commercial investment
  • Established Greenwich location
  • Long established trading record
  • Full repairing and insuring obligations
  • Property Reference: 37960
  • Property Reference: 37960
  • Property Reference: 37960
  • Property Reference: 37960
  • Property Reference: 37960

Energy rating and score

Energy Rating

Floorplan

Floor Plan

Full description

An opportunity to acquire a freehold commercial investment in SE London, currently trading as a restaurant and fully let on a 15 year commercial lease. The property is arranged over ground and first floors, comprising a ground floor restaurant of approximately 797 sq ft, together with approximately 861 sq ft of ancillary storage at first floor level. The property extends to approximately 1,658 sq ft / 154.15 sq m in total and is offered at a guide price of £410,000, reflecting a yield of 8.3%. Investment Highlights Freehold commercial investment Long established trading record for both restaurant and takeaway Established Greenwich location Currently trading as a restaurant and takeaway. Fully let at £34,000 a year on a 15 year lease to 24/03/2041. No breaks. Rent review at open market 25/03/2030, then every 3 years to term. Full repairing and insuring obligations The property is offered for sale subject to the existing tenancy. Location The property is situated in Greenwich, South East London, within an established commercial and residential area benefiting from a substantial local catchment. The location benefits from good connectivity to Central London and the wider South East London area. Lease documentation, tenancy information, EPC and further property information can be made available to interested parties on request. Viewings strictly by appointment.

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Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.
If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor or landlord, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase or rental of the property to ensure you are happy with all the information provided.

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Quote Ref: 37960

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