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Agent's details

44/44A Charlton Church Lane, 44 Charlton Church Lane

For sale: £550,000.00|1,321.53 Sq Ft|Other, Mixed Use, Residential, General Retail, Other Property Types & Opportunities, Retail

Property details

FOR SALE£550,000.00
SIZE1,321.53 Sq Ft
ADDRESS44/44A Charlton Church Lane, 44 Charlton Church Lane, London, SE7 7AE
TYPEOther, Mixed Use, Residential, General Retail, Other Property Types & Opportunities, Retail
TENUREUnder Offer, For Sale Freehold
POSTED ON19th July 2023

Description

Key Points

  • Whole Building Freehold Available
  • 2 Bed Flat and Commercial Unit
  • A1/E Shop (Ground Floor) and C3 Residential Flat
  • £21,000 per annum income production, 10 years no breaks
  • Tenant has operated out of the property for 15+ years
  • O.I.R.O £550,000
  • Approx. 1,320 sq. ft.
  • Summary

    Whole Building Freehold Investment Investment For Sale - Charlton

    Description

    The property comprises a retail space on the ground floor, with a sales and pharmaceutical preparation area to the front and with steps down to a store area to the rear. The rear door leads on to a garden area which is currently occupied by the commercial tenant though used jointly by the residential sub-tenant as an access for the flat above.

    The ground floor comprises the commercial shop element with raised wooden panel flooring with various cable access hatches, LED recessed box lighting within a metal frame suspended ceiling. The front elevation benefits from a manual metal security shutter, along with alarm system, CCTV installation and air conditioning units (condensers are located on the outer wall in the garden beneath the external staircase leading to the residiential flat).

    The flat is arranged over first and second floors comprising a living room, a bedroom, a kitchen and a bathroom on the first floor level and a second bedroom on the second floor via the carpeted L-shape staircase. The flat is accessed via external steel steps from the rear garden which in turn is accessed from a gate positioned on the perimeter wall off Sundorne Road.

    Location

    The property is located in Charlton which sits within the Royal Borough of Greenwich on the south bank of the River Thames. Charlton Train station is located circa 140m north of the property and is primarily surrounded by residential dwellings. Immediately to the north there is a neighbourhood parade of shops including an estate agent, convenience store, take-away and other local traders but the subject is separated from this parade by the junctions of Wellington Gardens and Sundorne Road and forms the end of a small terrace of houses.

    Location

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    Location: 44/44A Charlton Church Lane, 44 Charlton Church Lane, London, SE7 7AE

    North Greenwich (1.6 miles)

    Canning Town (2.1 miles)

    Canary Wharf (2.5 miles)

    Charlton (0.1 miles)

    Woolwich Dockyard (1.0 miles)

    London City Airport (1.3 miles)

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