Lot 3 details
REVERSIONARY GROUND RENT INVESTMENT
6 Week completion
Located close to the junction with Crayford Road in this retail parade, which includes a Premier Convenience Store and within 150 yards of Tower Retail Park, containing McDonald's, Currys PC World, Boots, Next, Nando's and many others.
The property lies approximately 300 yards from Crayford Station (40 minutes direct to London Charing Cross).
A mid terrace building comprising a Ground Floor Shop with separate rear access to a Self-Contained Flat on the first floor. The property benefits from the use of a service road providing access to the rear of the shop which is used as a workshop.
Ground Floor Shop
Gross Frontage 18'10"
Internal Width 16'11"
Shop Depth 28'10"
Built Depth 67'3"
First Floor Flat
Not inspected - Believed to be 2 Rooms, Kitchen, Bathroom/WC
VAT is NOT applicable to this Lot
The entire property is let on a full repairing and insuring lease to Messrs L.A. Barlow and I.L. Barlow as a Printers (in occupation) for a term of 99 years from 24th June 1936 at a current rent of £7 per annum exclusive.
Valuable Reversion in approx. 17¼ years