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Lee High Road, London, SE13

Guide Price
£700,000

£375.13 per sq ft

Business rates & charges may apply

Dexters Development & Investment, Investments
SIZE AVAILABLE

1,866 sq ft

173 sq m

SECTOR

Mixed use property for sale

Key features

  • Investment opportunity
  • Mixed use Freehold
  • The freehold comprises a shop plus 3 residential apartments
  • All sold with the benefit of tenants in situ
  • Total combined area of approx. 1,866 sq. ft
  • The current rent totals £44,400 pa
  • Our estimation of the potential rent is £58,200 pa
  • Ideally located on a busy high street including retail stores such as Lidl and Nandos.

Description

Investment opportunity to acquire a mixed use Freehold on Lee High Road, SE13.

This mixed use freehold comprises a shop plus three residential apartments, all being sold with the benefit of tenants in situ. The property is well located on Lee High Road, close to Lewisham.

Summary

Ground Floor - 1 x Commercial Class E - 554 square feet - 5 years remaining on lease

First Floor - Apartment A - 319 square feet

First/Second Floor - Apartment C - 603 square feet

Rear Ground  - Apartment B - 390 square feet

Income

The current rent totals £44,400 pa. Our estimation of the potential rent is £58,200 pa given all units are currently under rented versus the estimated market rates.

Location

The property is ideally located on Lee High Road, a busy high street including tenants such as Lidl and Nandos. The property is popular with both students and young professionals given the proximity to the City of London, Canary Wharf and Goldsmiths University.

Tenure

For sale is the unbroken freehold. 

Lee High Road, London, SE13

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Lewisham Station0.4 miles
  • Ladywell Station0.7 miles
  • Hither Green Station0.7 miles

About Dexters Development & Investment, Investments

Dexters Mayfair, 66 Grosvenor Street, London, W1K 3JL

Dexters Development & Investment, Investments

London covered

Our dedicated team of specialists have a well-established track record of achieving clients more than the market value for land, development and investment projects across the capital. Members of RICS, our qualified chartered surveyors uphold their reputation for integrity and professionalism.

Based in one of the Dexters ‘Centres of Excellence, our experts focus solely on development services for clients including Croudace Homes, Barratt Homes, Berkeley Grou

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Notes

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Disclaimer - Property reference 84LeeHighRoad. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Dexters Development & Investment, Investments. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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