1. Property photo 1 of 2 196-198 Trafalgar Road, Greenwich, Se10 9Er
  2. Property photo 2 of 2 196-198 Trafalgar Road, Greenwich, Se10 9Er
  3. Property photo 1 of 2 196-198 Trafalgar Road, Greenwich, Se10 9Er
  4. Property photo 2 of 2 196-198 Trafalgar Road, Greenwich, Se10 9Er

From

£800,000

Mobile/park home for sale
Trafalgar Road, London SE10

    Auction
    Added on 31/10/2022

    About this property

    • Of interests to Investors and Developers.

    • Freehold two storey retail investment

    • Planning permission for for conversion of 1st floor and creation of an an additional floor

    • To provide 3 x 1 and 2 x Studio apartments plus the ground floor retail.

    • The entire property is currently let to Boots at £41,500 per annum

    • Tenant holding over and has requested a new lease

    Strapline

    Auction Sale - 08/11/2022

    Of interests to Investors and Developers. A freehold two storey retail investment with planning permission for conversion and extension via an additional floor to provide 5 apartments, plus the ground floor retail. The entire property is currently let to Boots at £41,500 per annum

    Location

    Located to the south side of Trafalgar Road close to its junction with Earlswood Street.

    Situated within a busy and established retail parade, other nearby occupiers include Betfred, Iceland Supermarket and Domino's

    This is a popular residential area being less than half a mile from the famous Greenwich Park.

    Greenwich centre is less than a mile to the west and provides a broad range of shops bars and restaurants.

    There are many leisure and recreation opportunities in the area including Greenwich Maritime Museum, the Cutty Sark

    Transport

    Maze Hill and Greenwich Station - National Rail

    Cutty Sark - DLR

    Tenancy

    The entire property is let to Boots on a 5 year Fri lease from 10th February 2016 for a current rent of £41,500 per annum. The

    tenant is currently holding over at the end of their lease, and has served notice to request a new 3 year lease at a rent of £32,500 with a mutual break clauses after 18 months which would allow the Landlord opportunity to obtain vacant possession and carry out the development.

    Accommodation

    Proposed accommodation

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    Monthly repayment

    £4,001 per month

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