From
£800,000
Mobile/park home for saleTrafalgar Road, London SE10
Auction
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
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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