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COMMERCIAL

342 East Street, London, SE17 2SX

Guide Price
£450,000
Strettons, Strettons Auctions
PROPERTY TYPE

Mixed Use

SIZE

Ask agent

Description

** For sale by public auction on 6th June at 12:00 **

Location & Description
A three storey property comprising a ground floor shop with rear access and a self-contained split-level first & second floor one bedroom apartment.

Located just off of Old Kent Road with Elephant & Castle Station (which is served by the Bakerloo and Northern lines) only 0.9 miles away. London Bridge Station (serving Southeastern, Thameslink, Southern as well as Jubilee & Northern lines) is just 1.1 Miles away.

Open House Viewings:

Viewing Schedule (No Booking Required)

Tuesday the 28th of May - 4pm - 4:30pm

Accommodation
The accommodation comprises of the following:

Ground Floor Shop 57 sqm/613 sq.ft approx including shop front, kitchen, two store rooms & staff toilet.
Split Level First & Second Floor Flat 74sqm/796 sq.ft approx including living room, kitchen, double bedroom & bathroom/toilet.

Tenancy Details
Shop Currently let to an individual (trading as a restaurant) for 7 years from 1st December 2019 at £18,000 p.a. Rent review 2024.

Split Level Ground Floor & First Floor Flat Currently let on a 12 month Assured Shorthold Tenancy from 10th December 2023 at £18,000 p.a.

Note
Auction Surveyor: Bryn Nettle
Contact: bryn.

EQUIVALENT TO £36,000 p.a.

EPC Rating
Shop - D
Flat - E

Viewing Times
Open House Viewings:

Viewing Schedule (No Booking Required)

Tuesday the 28th of May - 4pm - 4:30pm

28/05/2024 16:00 - 16:30 : Open House Viewings:

Viewing Schedule (No Booking Required)

Tuesday the 28th of May - 4pm - 4:30pm

Brochures

Legal Documents

342 East Street, London, SE17 2SX

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Elephant & Castle Station0.9 miles
  • Elephant & Castle (Northern) Station0.9 miles
  • Elephant & Castle (Bakerloo) Station0.9 miles

About Strettons, Strettons Auctions

Waltham House, 11 Kirkdale Road, London, E11 1HP

Leading, independent auction house based in London, trusted nationwide. Strettons holds 7 auctions a year and specialises in commercial, residential and land opportunities. As a firm of chartered surveyors regulated by the RICS, we adhere to high standards and our clients benefit from comprehensive property advice on all matters. Our team of auction surveyors brings a wealth of experience and is available to offer their expertise throughout all stages of your auction journey. To learn more or ask any questions about the auction process please give us a call.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 246362. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Strettons, Strettons Auctions. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Strettons, Strettons Auctions on 020 3840 3721.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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