LOT 28

132 New Cross Road, New Cross, SE14 5BA

FREEHOLD COMMERCIAL/RESIDENTIAL INVESTMENT
Guide price: £550,000 - £600,000*

Auction Date

Tuesday, 22nd May 2018 11:00am

By order of LPA Receivers Jeremy Perceval & Simon Plant of SFP Property

Location & Description

A three storey terraced property with basement within a busy retail parade on the south side of New Cross Road approximately 200 metres north of the junction with Queens Road and approximately ½ mile west of New Cross Gate with its numerous shops, restaurants, leisure facilities and mainline station.
The property is arranged as a ground floor shop with separate street access to the upper floors, which we are advised are arranged as 3 flats.

ACCOMMODATION (Not inspected)

Second Floor:
3 rooms, bathroom/WC
Subject to an AST at £1,450 pcm.
First Floor:
Kitchen (for 2nd floor flat). Bedsit with kitchen and bathroom/WC
Subject to an AST at £900 pcm.
Ground Floor: Split in two parts
Retail area 581 sq ft (54 sq m) understood to be VACANT
Basement:
Bedsit with kitchen, bathroom/WC - 2 rooms (no natural light).
Subject to an AST at £1,000 pcm.

EQUIVALENT TO £40,200 p.a. PLUS VACANT RETAIL

Status

Withdrawn Prior to Auction

Joint Auctioneer

SFP

SFP Property Tel: 020 7536 2222

* The Notice to Bidders, which can also be seen on the inside front cover of the hard copy catalogue, includes a definition of Guide Price [section #17] Note that in addition to the purchase price there is a buyer’s administration fee [section #13] and there may be additional non-optional fixed or variable fees and costs [section #8]. To establish the full cost of purchasing a property, please inspect the legal documentation/special conditions. Please also check strettons.co.uk for updates.