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Mixed use property for sale

65 Ennersdale Road, Lewisham

Guide Price
£395,000

Business rates & charges may apply

Acorn Limited, Acorn Commercial
SIZE

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SECTOR

Mixed use property for sale

Key features

  • Mixed-Use Period Building.
  • 1x Commercial Unit & 1x Residential Flat.
  • Fully Let at £26,200pa.
  • ERV is c.£30,000 per annum.
  • Hither Green Station only 0.2 Miles Away.
  • Guide Price - £395,000.

Description

A unique opportunity to acquire this 2-storey mid terrace mixed-use period building, comprising a c.61sqm (c.657sqft) ground floor café/take-away currently let at £13,000pa (c.£20 p/sqft) and a first floor 1-bedroom flat with its own private street entrance, sized at c.52sqm (c.559sqft) currently let at £13,200pa (£1100pcm). In terms of the ERV, we feel the commercial unit is let at the right level of rent with the flat potentially being let below the market value, as we would expect the value to range between c.£1300/£1400pcm (c.£15,600/£16,800pa). The commercial lease renews in February 2032, with the assured shorthold tenancy on the flat currently holding over on a rolling contract.

Brochures

65 Ennersdale Road, Lewisham

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hither Green Station0.2 miles
  • Ladywell Station0.6 miles
  • Lee Station0.9 miles

About Acorn Limited, Acorn Commercial

9 St. Marks Road Bromley Kent BR2 9HG

Notes

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Disclaimer - Property reference 37066FH. 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 Acorn Limited, Acorn Commercial. 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.

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