Honor Oak Park, London, SE23

££1,500,000 Offers in excess

Mixed Use For Sale

Description 

An opportunity for investors to acquire a freehold property, that once fully let, will generate a gross yield of c. 5.8%.

Currently producing £36,500 p.a. When fully let, this figure will rise to c. £87,500 p.a.

The property is arranged over ground, first and second floors. The ground floor commercial is occupied by Sainsbury and there are two flats sold on long leases, two vacant flats and two currently let on AST’s. The two vacant and two let flats have been recently refurbished to a high standard. All flats have terrace areas included.

Location 

Situated a 1 minute walk from Honor Oak Park Overground station with access to London Bridge in 17 minutes.

Accommodation 

1 x 2 Bed Split Level Maisonette
1 x 2 Bed 2 x 1 Bed (1 x Study)
2 x Flats (Sold – Long Leases)
Commercial Unit (Sold – 999 Year Lease)

Method of Sale 

The property is being offered for sale via Informal Tender.

VAT 

We understand that the property is not elected for VAT

Tenure 

The property is available by way of a freehold sale.

Price 

Offers in excess of £1,500,000  

Enquire now for the full info pack.

Tenure: Freehold

Honor Oak Park, London, SE23
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Brochure

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No EPC available for this property

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Office Details

Commercial
93 Queen's Road
London
SE15 2EZ

0208 702 9999
info@pedderdevelopment.com

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