£775,000

Retail premises for sale

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Freehold

Fixed price

£775,000

(£443.87/sq. ft)

Retail premises for sale

143 Lee Road, Blackheath SE3

1,746 sq. ft

Local area information

Property location

Nearby amenities

  • International Academy of Greenwich 0.1 miles
  • Trinity Church of England School, Lewisham 0.2 miles
  • Lee (London) 0.5 miles
  • Blackheath 0.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for Blackheath Park, Blackheath and Lee to find out more about the local area.

Features and description

  • Freehold
  • £775,000 Freehold
  • Investment Opportunity
  • Mixed Use Investment
  • Highly Visible Location
  • Five Story Victorian Property For Sale
  • Located Midway Between Lee And Blackheath Railway Station
Description

The property comprises a large five story Victorian building.
The commercial element comprises of ground floor shop retail area, lower ground floor, including kitchen and WC facilities, additional rear area (giving direct access onto Osborn Terrace at the rear) and basement fully tanked, kitted out and with good head height.

The tenant trades as a Veterinary surgeon and the premises has been fitted out to a very high level throughout, including good quality finishing in all areas, ac, a mix of LED and spotlights and mix of tiled and laminate wood floors. The premises are Let on an effectively fr&I Lease for a term of 15 years from 17/03/2023 at a rent of £24,000 pax subject to rent reviews on the anniversaries of the 5th and 10th year. With provisions for a tenant only break clause exercisable on the expiration of the 5th and 10th years upon giving 6 months prior written notice.

The upper part comprises a very spacious and well maintained self-contained maisonette over three floors. Providing a lounge, kitchen, 3 large bedrooms, a full bathroom with bath, shower and W.C and a separate shower room with W.C. In addition, benefiting from gfch and Double Glazing.

Location

The premises are located on the Eastern side of Lee Road, close to its junction with Lee High Road and Eltham Road and midway between Lee and Blackheath railway stations. There is a good mix of retailers with the nearby area being anchored by a Sainsburys supermarket.

The existing Lee Gate Shopping Centre is now largely vacant and about to be developed for a large-scale mixed-use development of commercial and residential space.

Viewings

Strictly via prior appointment with sole agents, Hindwoods
Ben Lewis

Terms

Freehold subject to lease in place to the commercial element.

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Hindwoods Limited. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hindwoods Limited for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. London
  4. South London
  5. Blackheath
  6. Lee Road