188 WESTCOMBE HILL, BLACKHEATH, LONDON, SE3 7DH FREEHOLD RETAIL & UPPER PARTS FOR SALE
Location The property is prominently situated at the top of Westcombe Hill, close to the facilities and amenities of Blackheath Standard. Other retailers in the immediate vicinity include Ladbrokes, Barclays Bank, Post Office and a wide variety of independent retailers and restaurateurs. Description The premises comprise a ground floor retail unit with residential upper parts. The ground floor is currently occupied by a card retailer and is fully racked benefitting from return frontage to Westcombe Hill. There is storage space to the rear of the shop, a W/C and a basement. Vacant possession of the shop will be provided upon completion. The upper residential parts are currently tenanted with the first floor comprising of a living area and bedroom, with a change of level to the kitchen and bathroom. The second floor comprises three individual bedrooms and a shared bathroom with access to loft space in the communal hallway. There is a roof terrace to the rear. Tenancies We are advised by the vendors that the residential upper parts are let on Assured Shorthold Tenancies producing an annual income of £24,312 per annum. The shop will be sold with vacant possession.
Accommodation The ground floor has the following approximate net internal areas: Ground Floor Retail Storage W/C Basement
53.07 sq m (571 sq ft) 12.86 sq m (138 sq ft)
Total Ground floor
91.54 sq m (985 sq ft)
25.61 sq m (276 sq ft)
The residential upper parts have the following approximate gross internal areas: Second Floor Front Left Bedroom Front Right Bedroom Rear Bedroom Bathroom
18.25 sq m (196 sq ft) 11.29 sq m (122 sq ft) 16.23 sq m (175 sq ft) 3.31 sq m ( 36 sq ft)
First Floor Living Area Bedroom Kitchen Bathroom Tenure Freehold
29.39 sq m (316 sq ft) 15.52 sq m (167 sq ft) 6.64 sq m ( 71 sq ft) 3.78 sq m ( 41 sq ft)
Planning The premises benefits from A1 planning consent with residential C3 in the upper parts. EPC An Energy Performance commissioned.
Price Upon application VAT Please note that VAT will be chargeable.
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Rates The property is entered in the 2017 valuation list with a rateable value of £10,750. For further information on business rates including relief which could be applicable, visit www.gov.uk/calculateyour-business-rates. Legal Costs Each party to be responsible for their own legal costs.
EPC The unit currently has an energy rating of ‘D’. The full EPC is available to download at www.hindwoods.co.uk Viewing Strictly by prior arrangement with sole agents Hindwoods. Katie Hoggarth
[email protected] CG5545
“You should be aware that the Code for Leasing Business Premises strongly recommends you seek professional advice from a qualified surveyor, solicitor or licensed conveyancer before agreeing or signing a business tenancy agreement. The Code is available through professional institutions and trade associations or through website www.leasingbusinesspremises.co.uk”.
These particulars are believed to be correct, but their accuracy is not guaranteed and they do not constitute an offer or form any part of any contract. Hindwoods and its employees have no authority to make any representation or give any warranty in relation to this property.