ADDRESSLockheed House, 1 Green Lane Business Centre, New Eltham, London SE9 3TL
TYPEOffice, Business park, Offices
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON12th January 2021
Lockheed House forms part of the popular Green Lane Business Centre; adjacent to the A20 at Five Ways. Extending to approx. 6,261 sqft (581.6 sqm) and arranged predominantly over two floors, the subject property is sub-divided internally to provide a range of office suites of varying size. The majority of the suites are let on short term agreements, and the total rental income is currently £98,018pa. Lockheed House appears to offer a variety of active management angles for the professional landlord. The ERV reflects a NIY of 10%, and a capital value of just £192/sqft - why leave money in the bank if you could buy Lockheed House instead!?