159 Lee Road London
SE3 9DJ
About this property
The building is set in mid terrace between retail units. Ground Floor GIA 281 sq. m. (3,024 sq. Ft) Floor to ceiling height of 3.5 m approx. Basement GIA 153 sq. m. (1,645 sq. ft.). Shop Commercial tenanted at £45,000 pa on a 10 year lease from October 2020. Lease available upon request.Flat 1 - Furnished - 1 bed 46 sqm. approx, Flat 2 - Furnished - 2 bed 56sqm. approx., Flat 3 - Furnished - 3 bed 86 sq.m. approx, Flat 4 - Furnished - 1 bed 45 sq.m. approx., Flat 5 - Furnished - 2 bed 53 sq.m approx., Flat 6 - Furnished - 1 bed 42 sq.m approx.
Residential element currently producing £100,171.08 per annum
There is potential for the residential parts to be sold with vacant possession
NB 2 rooms in the roof that maybe able to be incorporated into one of the flats
Location
The Property fronts Lee Road at the junction with Lee High Road (A20) in a mixed commercial, secondary retail and residential area. Lee Mainline railway station is approximately ¼ mile to the South with Lewisham mainline and DLR Station one mile to the East.
Business rates
Rateable value - £43,250 (as taken from Gov.uk)
This is not the amount you will pay. The rateable value is used to calculate your rates bill.
Please refer to the Local Authority for more information on rates
Legal costs
Each Side to bear their own legal fees
Tenure
Freehold
EPC
Commercial - Energy Rating E
Flats 1 - 6 Energy Ratings D
Viewing
Via owners joint agents Paul Simon Seaton Commercial 020 8800 4321
or John Payne Commercial 020 8852 6125
VAT
Not VAT elected
