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Investment Highlights
- Virtual Freehold Shop Investment.
- Head lease permits Class E use or Residential.
- Comprising shop with land to the rear.
- Maybe suitable for redevelopment subject to consents.
- Well located on Lewisham High Street.
- Investment let at £15,600 p.a. (10.75% GIY on Guide Price).
- Let on a 10 year lease expiring 2034.
Executive Summary
Lot 255 is available by way of Savills Online Auction 22nd April 2026
Leasehold. Held for a term of 999 years from June 2021 at a peppercorn ground rent
The property is arranged over ground floor only to provide a ground floor shop along with land to the rear.
Leasehold. Held for a term of 999 years from June 2021 at a peppercorn ground rent
The property is arranged over ground floor only to provide a ground floor shop along with land to the rear.
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Shopfront
Property Size
1,012 sq ft
Costar Property Class
B
Year Built
1960
Price
£145,000
Price per sq ft
£143.28
Tenancy
Single
Number of Floors
3
Plot ratio
0.41
Total Plot Size
0.06 ac
Frontage
17 ft on Lewisham High Street
Amenities
- Security System
- Roller Shutters
- Storage Space
Major Tenants
- Tenant
- Industry
- sq ft Occupied
- Rent/sq ft
- Lease End
- Precious Sprouts
- Wholesaler
- 1,012 sq ft
- -
- Oct 2024
| Tenant | Industry | sq ft Occupied | Rent/sq ft | Lease End | ||
| Precious Sprouts | Wholesaler | 1,012 sq ft | - | Oct 2024 |
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Nearby Major Retailers
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375 Lewisham High St
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