31-33 Woolwich Road, Greenwich, London

An opportunity to acquire a high-yielding, mixed-use freehold investment situated in a prominent location in Greenwich.

The property comprises a double-fronted restaurant at ground floor level and four one-bedroom flats arranged over the first and second floors. One of the flats has been sold on a long leasehold basis, with the remaining three retained within the seller's ownership.

The restaurant is let on a 20-year lease from 2019 at a current passing rent of £43,000 per Annum. Two of the three flats are currently vacant following recent refurbishment works, with the remaining flat due be vacant in May 2026. Incoming buyers will therefore be able to let the residential units at market rents at the inception of the incoming renters rights bill.

Once fully let, the three retained flats are expected to produce at least £4,200 per calendar month (£50,400 per annum). This would provide a total income across the building of £93,650 per annum, including the £250 annual ground rent payable by the flat that has been sold off on a long leasehold basis.