243 Portland Road, South Norwood, SE25 4XB
FREEHOLD COMMERCIAL/RESIDENTIAL INVESTMENT - SHOP & MAISONETTE
Wednesday, 17th February 2021 12:00pm
BY ORDER OF B TOBIN & P JOSEPH AS LPA RECEIVERS
A three storey property comprising a ground floor shop with separate front access to a maisonette above. Forming part of a local parade on the east side of the A215 Portland Road, near to the junction with Sandown Road, close to South Norwood Country Park and about ¾ mile from Norwood Junction London Overground/railway station.
Ground Floor Shop: 464 sq ft (43.1 sq m)
Let on a repairing and insuring lease to David Ajudua for 10 years from 08.10.2018 at £15,000 p.a. Rent review 2023. Tenant's break at the expiration of the fifth year upon 3 months' written notice.
First & Second Floor Maisonette: Not inspected but understood to comprise 3 bedrooms, living room, kitchen, bathroom/toilet
Understood to be let on an AST (terms unknown).
EQUIVALENT TO £15,000 p.a. PLUS MAISONETTE LET ON AST
Auction Surveyor: Robert Woolfe
Contact: 020 8509 4408 email@example.com