Acorn Commercial, Acorn Commercial

196 Eltham High Street, London, Greater London

Guide price

£700,000

Size

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Tenure

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EPC

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Parking

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Primary use
Mixed use
Other use(s)
Shop

Key features

  • Mixed-use freehold investment situated on the busy Eltham High Street
  • Ground floor commercial unit with a self-contained split-level three-bedroom maisonette above
  • Commercial unit let to MooBoo Bubble Tea at £30,000 per annum
  • Residential maisonette let at £33,600 per annum (£2,800 pcm)
  • Prominent position within a well established High Street parade
  • Guide Price: £700,000 (c. 9.1% Gross Yield)

Description

An opportunity to acquire a fully let mixed-use freehold investment in a prominent position on Eltham High Street. The property comprises a ground floor commercial unit and a self-contained split-level three-bedroom maisonette above. The commercial unit extends to approximately 775 sq ft and is let to a MooBoo Bubble Tea franchise, part of the UK's largest bubble tea brand with over 100 locations nationwide. The tenant is committed to a six-year lease from 2025, producing £30,000 per annum, with discussions underway regarding a potential lease extension. The unit has been fitted out to a high standard and benefits from excellent frontage and one rear parking space. The self-contained three-bedroom maisonette extends to approximately 905 sq ft and is independently accessed from the rear. It is currently let at £33,600 per annum (£2,800 pcm) to a tenant in occupation since 2024 and is presented in good condition throughout. There may be potential for further development to the rear, subject to the necessary planning consents
Acorn Commercial, Acorn Commercial

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Brochure

196 Eltham High Street, London, Greater London

NEAREST STATIONS

National Rail

Eltham Station

0.39 miles

National Rail

Mottingham Station

0.77 miles

National Rail

New Eltham Station

1.15 miles

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Disclaimer - Property reference 37533FH. 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.