The Talma, 109 Wells Park Road, London SE26 6AD
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- To be offered on Wednesday 14 May
- Virtual Freehold Leisure Investment
- Comprising of a ground floor coffee shop & wine bar, along with a dog groomer at basement
- Let on a 10 year lease expiring 2033(1)
- Situated in the popular London suburb of Sydenham
- VAT is not applicable
- Investment let at £33,000 p.a. (11.37% GIY on Guide Price)
Description
StrapLine
Auction Sale - 13/05/2025Virtual Freehold Leisure Investment located in a popular London surburb and let at £33,000p.a. (11.37% GIY)
Description
The prominent corner property is arranged over basement and ground floor levels.
The property forms part of a wider building that is not included in the sale.
Location
Sydenham is a densely populated South East London suburb located to the north-west of Beckenham and the north-east of Crystal Palace.
The property is situated at the junction of Wells Park Road and Coombe Road in a predominantly residential area.
Transport
Road - Sydenham Road (A212)
Rail - Sydenham Rail Station (journey to London Bridge approximately 20 minutes).
Tenancy
Let to Mia Dog Café Limited on an internal repairing and insuring (IR&I) lease for a term of 10 years from October 2023 at £33,000 per annum.
(1) The lease provides for a tenant break option at the 5th anniversary and 5 yearly rent reviews
Accommodation
Ground Floor & Basement - 325 sq m (3,498 sq ft)
The Talma, 109 Wells Park Road, London SE26 6AD
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Sydenham Station0.5 miles
- Sydenham Hill Station0.7 miles
- Forest Hill Station0.8 miles
Notes
Disclaimer - Property reference 187-16417. 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 Savills Auctions, London. 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 Savills Auctions, London on 020 3909 6715.
*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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