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Investment Highlights
- A Freehold Mixed-Use Investment.
- One retail unit let to a hearing specialist on a 15 year lease from 30/10/2015.
- Potential to split the double unit back into two shops.
- 12 bedroom upper parts licensed as an 11 bed HMO let to 11 separate tenants.
- Prominent corner position.
- One double retail unit let to hairdresser a 10 year lease from 30/04/2025.
- 4 studio flats let on individual AST's.
Executive Summary
The property comprises a three storey terraced and three storey end of terrace building. The terraced building comprises a ground floor retail unit together with a 12 bedroom property licensed as an 11 bed HMO arranged across first and second floors. The end of terrace building comprises a ground floor retail unit together with 4 studio flats arranged across the first and second floors. The property may benefit from development/extension potential at the rear (subject to the requisite consents).
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold/Long Leasehold
Property Subtype
Shopfront
Property Size
731 sq ft
Costar Property Class
B
Year Built
1870
Price
£1,925,000
Price per sq ft
£2,633.38
Tenancy
Single
Number of Floors
3
Frontage
16 ft on Eltham High Street
Amenities
- Accent Lighting
- EPC - C
Major Tenants
- Tenant
- Industry
- sq ft Occupied
- Rent/sq ft
- Lease End
- Regain Hearing
- -
- 731 sq ft
- -
- -
| Tenant | Industry | sq ft Occupied | Rent/sq ft | Lease End | ||
| Regain Hearing | - | 731 sq ft | - | - |
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Nearby Major Retailers
1 of 8
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201 Eltham High St
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