33-35 tranquil vale, blackheath, london, se3 0bu rare freehold ... - Realla

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33-35 TRANQUIL VALE, BLACKHEATH, LONDON, SE3 0BU RARE FREEHOLD INVESTMENT/DEVELOPMENT OPPORTUNITY FOR SALE Accommodation The property has the following approximate gross internal areas: Ground and lower ground floor retail 2,440 sq ft First and second floor offices 1,180 sq ft Lower ground floor rear (Courtyard suite) 485 sq ft Rear building (Garden studio) 1,020 sq ft Total 5,125 sq ft Inclusive of all circulation areas the total gross internal area for both buildings is approximately 6,600 sq ft. Guide Price £2,500,000.

Location The property occupies a prominent corner location at the junction of Tranquil Vale with Collins Street in the centre of Blackheath Village. Blackheath train station and public car park are located immediately behind the property. Holland & Barrett are adjoining whilst other notable nearby retailers include Costa, Farrow & Ball, Ryman and Oddbins as well as numerous high class independent retailers. Description The property is an end of terrace Grade II listed building within a conservation area and is arranged over four storeys with a separate two storey building to the rear. The premises comprise a retail unit to the front section of the ground floor and basement. Offices are arranged over the upper floors as well as the separate rear building which benefits from 2 car parking spaces and has access from Collins Street.

Tenure Freehold. Tenancies The property benefits from the following income:· Ground and lower ground floor, let to Selectric for a term of 16 years from 1st August 2006 with a passing rent of £58,500 per annum exclusive. · First and second floor offices let to Driven Worldwide at a rent of £18,850 per annum exclusive until 31st July 2028. · Lower ground floor rear let to Driven Worldwide at a rent of £7,000 per annum exclusive until 31st July 2028. · Rear studio let to Driven Worldwide at £16,000 per annum until 31st July 2028. The three office leases to Driven Worldwide provide for mutual breaks in June 2016, December 2016, June 2017, December 2020 and December 2024. VAT Please note that VAT will not be chargeable.

Planning Consent was recently granted by Lewisham Council for change of use of the non retail parts to provide three residential units as follows:1 x 3 bed maisonette 1 x 1 bed flat 1 x 2 bed house Planning reference DC/14/89427 Subject to planning, there is potential to re-develop the garden studio to provide a three storey house with rear garden and forecourt parking. Rates The property is entered in the 2010 rating list with a rateable value of £50,500. Interested parties should contact the local authority to confirm rates payable.

EPC Energy Performance Certificates can be found on www.hindwoods.co.uk. Legal Costs Each party to be responsible for their own legal costs. Viewing Strictly by prior arrangement with sole agents Hindwoods. Chris Withers Green [email protected] Kevin Bright [email protected] Katie Hoggarth [email protected] CG5432

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.