Commercial Investment London SE18 £340,000

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Auction date: Thu, 26/05/2022 - 11:00

Forming part of a town centre building comprising a Large Ground Floor Retail Unit divided into 20 smaller retail units (14 of which are currently let) together with a Basement divided into a number of individual store rooms used by the ground floor tenants. The property is let on a full repairing and insuring lease (by way of service charge) to The Upper Corner Limited t/a Woolwich Market (the tenant has advised they operate 4 other markets) for a term of 15 years from 21st October 2020 at a current rent of £25,000 per annum exclusive rising to £50,000 per annum on 20th January 2024.

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woolwich london se18 for sale buy to let landlord portfolio selling property auction property investment property property auctions London

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