Lot 11 Click here for addendum
(GROSS YIELD 13.3%)
6 Week completion
Located in this busy and well known position, between Nandos and Betfred within a substantial building which includes 7 stories of residential accommodation above.
Elephant & Castle Underground Station (Northern & Bakerloo Lines) is opposite and The University of Arts London, Elephant & Castle Shopping Centre and the Railway Station are also all within close proximity.
Southwark Council is currently undergoing a £3bn regeneration programme to bring a landmark redevelopment to Elephant & Castle designed to create a major new town centre with around 3,000 new homes.
Forming a small section of the ground floor of a substantial commercial and residential block currently being used as an Automated Teller Machine (ATM).
Width 9'4” 1
Depth 5'10” 1
Height 15'3” 1
1 Approximate measurements provided by Vendor
VAT is applicable to this Lot
Leasehold for a term of 999 years (less 10 days) from 25th March 1999 at a peppercorn.