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226-228 Brownhill Road, Catford, London

Offers Over
£425,000

Business rates & charges may apply

Acorn Commercial, Acorn Commercial
SIZE

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SECTOR

Mixed use property for sale

Key features

  • Freehold Retail Investment.
  • 2x Commercial Units Fully Let at £36kpa (combined).
  • 2x 10-year FRI Leases until 2035 (Rent Review in 2030).
  • 4x Flats with 61-Year Leases Sold Off Above.
  • Sought After Area in South London.
  • Offers in Excess of £425,000 (c.8.5%Yield).

Description

An opportunity to acquire a well yielded (c.8.5%) freehold commercial investment including two-retail units that are fully let producing £36,000pa along with the freehold title for a mixed-use block in Catford, where 4x of the 6x flats above have 61-year underleases where there is opportunity to benefit from future potential lease extension premiums. The two commercial units are currently on 10-year leases until 2035 with rent reviews due in 2030, and all 6x flats above are sold off on long leaseholds.

Brochures

226-228 Brownhill Road, Catford, London

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NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Hither Green Station0.6 miles
  • Catford Bridge Station0.7 miles
  • Catford Station0.8 miles

About Acorn Commercial, Acorn Commercial

9 St. Marks Road, Bromley, BR2 9HG

Notes

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Disclaimer - Property reference 37339FH. 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 Commercial, 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.

Map data ©OpenStreetMap contributors.

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