For Sale By Auction | 08:45, 17 April 2024 | Lot 20

13-15 Herbert Road, Woolwich, London, SE18 3TB

Sold £223,000

  • Restaurant
  • Tenure: Leasehold. The property is held on a 999 year lease from 27th September 1999 (thus approximately 975 years unexpired)

Call the team on 020 7625 9007 for more information

Auction Date

Wed 17/04/2024

Auction Time

08:45

Auction Venue

Live Stream

A Commercial Investment Arranged to Provide a Ground Floor Restaurant Let Producing £20,000 Per Annum

The property comprises a ground floor restaurant situated within a mid terrace building arranged over ground and first floors.

Tenure

Leasehold. The property is held on a 999 year lease from 27th September 1999 (thus approximately 975 years unexpired)

Location

The property is situated on a mixed use road close to local shops and amenities. The open spaces of Plumstead Common are within easy reach. Transport links are provided by Woolwich Arsenal rail station.

Accommodation

Ground Floor Restaurant Area Men and Womens WC Bar Area

Tenancy

The property is subject to a lease for a term of 15 years commencing 4th October 2017 at a rent of £20,000 per annum.

Energy Efficiency Rating (EPC)

Current Rating B

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.