A fully let investment comprising a luxury modern ground floor restaurant (781 sq ft NIA) with good outside space and a decked terrace, separate office/storage building (317 sq ft NIA), together with a self-contained two/three bedroomed flat above (519 sq ft GIA) and another office let separately.
( Agency Pilot Software ref: 792 )
Location
In Conservation area opposite Oxleas Woods. A fully detached building occupying a prominent corner site with Red Lion Lane on the main A207 linking Blackheath and Woolwich through to Welling town centre.
Accommodation
TOTAL INTERNAL AREA 1617 SQ FT
Terms
Business Rates: Interested parties are advised to make their own enquiries to the local Authority, being the Royal Borough of Greenwich.
Terms: The property is to be sold subject to the existing tenancies
VAT: N/A
Legal Fees: Each party to bear their own legal costs.
Specification
• Restaurant let on 25-year lease incorporating three-year rent reviews, the last one was in June 2022 and increased to £XXXpa.
• Single storey office/storage building let to D.B.Building on a 5 year lease from August 2021 @ £XXX pa.
• Self-contained two/three bedroomed flat (not inspected - details supplied by client) – known as 119 Red Lion Lane - let on AST from September 2021 expiring September 2026 at £XXXpa.
• Separate first floor office used by restaurant – let at £XXXpa.
• Easy on street parking nearby.