Mixed use freehold investment for sale in London SE18

Shooters Hill, London SE18 4LG, UK

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An opportunity to purchase a freehold mixed-use investment. The ground floor comprises 2 commercial units. Both units are let producing £19,200 per annum. Jasmin Indian Restaurant occupies the front of the property and is let from April 2015 on a 25 year FRI lease producing £14,400 per annum. The second unit is located along Red Lion Lane and let to a local convenience store on an annual rolling contract producing £4,800 per annum. The upper parts
comprise of a 3 bedroom flat and an additional room rented on a commercial lease. The 3 bed flat currently produces £14,400pax and the additional room is rented for use for radio broadcasting for £3,000pax. The property is therefore currently producing a total of £36,600 per annum. In addition, there is a small rear yard that may offer potential to extend or develop an additional residential unit (subject to necessary planning consents).

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business information

Sale price: £550,000
Tenure : Freehold
Status: Available
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