2 bedroom mixed use property for sale
New Cross Road, London, SE14
- SIZE AVAILABLE
2,326 sq ft
216 sq m
- SECTOR
2 bedroom mixed use property for sale
Key features
- Freehold
- Mixed-use investment opportunity
- 2x retail/commercial units
- 1x two-bedroom split level flat
Description
389 New Cross Road features a retail unit of circa 30.5 sq. m (328 sq. ft.) to the front. The unit is fully let on a 10-year lease from December 2025 achieving a current Gross Rental Income of £1,250 per calendar month / £15,000 per annum.
To the rear is a vacant retail unit of circa 94.5 sq. m (1,017 sq. ft.) accessed via Grehan Mews to the rear of New Cross Road. Estimated Rental Value (ERV) £2,083 per calendar month / £25,000 per annum.
A split level two-bedroom self-contained flat of circa 91.0 sq. m (981 sq. ft.) occupies the first and second floor. The property has access via its own front door on New Cross Road. The self-contained flat is currently let on an Assured Shorthold Tenancy agreement achieving a Gross Rental Income of £2,100 per calendar month / £25,200 per annum.
Situated within the London borough of Lewisham, the property is conveniently located within 110 metres of New Cross station, New Cross is an interchange station between the Windrush line of the London Overground and National Rail services operated by Southeastern, located in New Cross in south-east London. The green space of Fordham Park is within 150 metres.
Tenure - Freehold HM Land Registry Title Numbers LN77684.
Energy Performance Certificates
Front Commercial EPCRear Commercial EPCFlat 389a EPCBrochures
New Cross Road, London, SE14
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- New Cross Station0.0 miles
- New Cross Gate Station0.3 miles
- Deptford Station0.3 miles
Notes
Disclaimer - Property reference 389NewCrossRoad. 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 Dexters Development & Investment, South 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.
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