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Agent's details

Property agent
Louis Markham

133 Brockley Rise, London

For sale: £699,000.00|0 - 2,010 Sq Ft|Mixed Use, Other Property Types & Opportunities

Property details

FOR SALE£699,000.00
SIZE0 - 2,010 Sq Ft
ADDRESS133 Brockley Rise, London
TYPEMixed Use, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON17th October 2021

Description

A rare opportunity to own a mixed-use unbroken freehold building, situated in a prime spot between the Forest Hill and Brockley / Crofton Park areas.

The property is arranged as a ground floor shop (plus rear yard), and 2 self-contained apartments over the first, second and third floors above.

The ground floor shop measures circa 600 sqft and benefits from the flexible 'E' use class. This unit has a rear door, which leads out to a yard of a further circa 300 sqft (with vehicular access). The shop is let to El Choppo Butchers who have entered into a straight 16 year lease from January 2021. The lease allows for rent reviews every 4 years, and there are no break options.

The three upper floors comprise two apartments. These are self-contained, with their own access from the front of the property (on Brockley Rise). The first floor is arranged as a one bedroom apartment, and the second and third floors are arranged as a 2 bedroom duplex aparment.

Please see schedule of accommodation (left) with each units size, current rent and market rent.

Both of the apartments are considerably under-let. This is as both tenants have been in occupation for many years, and as such the Landlord has decided against increasing their rent. Both tenants occupy the apartments on AST's and are currently 'holding over'.
( Agency Pilot Software Ref: 30101 )

Location

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Location: 133 Brockley Rise, London

New Cross Gate (1.8 miles)

New Cross (1.9 miles)

Surrey Quays (3.1 miles)

Honor Oak Park (0.1 miles)

Crofton Park (0.4 miles)

Catford Bridge (0.6 miles)

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