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For Sale£220,000.00

Freehold Shop & Upper Parts For Sale - Queens Road, New Cross, London, SE14 5HD

Flat, General Retail, Retail - High Street, Restaurant/Cafes, Mixed Use, Restaurant/Cafes, Restaurant/Cafes, Office, Retail, Residential, Restaurant/Cafes, Other Property Types & Opportunities, Offices , 500 Sq Ft
Property type: Flat, General Retail, Retail - High Street, Restaurant/Cafes, Mixed Use, Restaurant/Cafes, Restaurant/Cafes, Office, Retail, Residential, Restaurant/Cafes, Other Property Types & Opportunities, Offices
Tenure: Investment Opportunity, For Sale Freehold
Size: 500 Sq Ft
Price: £220,000.00
Location: 393 Queens Road, SE14 5HD
Mid terrace lock-up shop premises, currently trading as a kebab, pizza and burger take away. The upper parts, comprise a self-contained maisonette, arranged over the first and second floors, sold off on a long lease.

Freehold, with the benefit of a 16 year lease on the retail unit from 2012, with 4 yearly rent reviews at a passing rent of £10,250 per annum. The residential upper parts are held on a 200 year lease from 1989, at a ground rent of £25 per annum.

Situated in a local mixed parade of shops on the busy Queens Road (A202) in New Cross, between Lanchester Way and New Cross Road (A2). Neighbouring occupiers include; Lloyds Pharmacy, Londis, William Hill, Winkworth, Spar, Post Office, as well as other independent and local traders.

New Cross Gate mainline railway and Overground station is within walking distance, providing services to Crystal Palace, London Bridge, Highbury & Islington and West Croydon. There are also buses serving the area located on Queens Road and New Cross Road.
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