Block of flats for sale in Lee High Road, London SE13

Investment opportunity to acquire a mixed use Freehold on Lee High Road, SE13.

This mixed use freehold comprises a shop plus three residential apartments, all being sold with the benefit of tenants in situ. The property is well located on Lee High Road, close to Lewisham.

Summary

Ground Floor - 1 x Commercial Class E - 554 square feet - 5 years remaining on lease

First Floor - Apartment A - 319 square feet

First/Second Floor - Apartment C - 603 square feet

Rear Ground - Apartment B - 390 square feet

Income

The current rent totals £44,400 pa. Our estimation of the potential rent is £58,200 pa given all units are currently under rented versus the estimated market rates.

Location

The property is ideally located on Lee High Road, a busy high street including tenants such as Lidl and Nandos. The property is popular with both students and young professionals given the proximity to the City of London, Canary Wharf and Goldsmiths University.

Tenure

For sale is the unbroken freehold.