CG5308 New Cross Road 109
109 NEW CROSS ROAD, LONDON, SE14 5DJ RETAIL INVESTMENT FOR SALE
GUIDE PRICE: £175,000 Location The property is located on the east side of New Cross Road (A2) close to the busy junction of Queen’s Road (A202). New Cross Gate railway station is within walking distance from the property which provides regular rail services into Waterloo East, Victoria, Charing Cross and London Bridge, in addition, Queens Road Peckham railway station is also close by. The property benefits from a substantial amount of passing traffic and is surrounded by an ever improving mix of retailers, cafés, restaurants and bars. Description The property is arranged over ground and basement floors and is currently trading as a beauty salon (Milena G Ltd). The tenant has been trading successfully at the premises since August 2013 and has carried out an extensive fit out. The property benefits from gas central heating, spot lighting, suspended ceilings, laminate wood flooring and a CCTV system. The raised ground floor provides excellent natural daylight to the basement which contains an additional beauty area, shower facilities and kitchen.
Accommodation The property has the following approximate net internal areas: Ground Floor Basement Total Accommodation
16.62 sq. m. (179 sq. ft.) 22.72 sq. m. (245 sq. ft.) 39.34 sq. m. (424 sq. ft.)
Tenancy The property is currently let to Milena G Ltd for a term of 3 years from 1st August 2013 at a rent of £12,000 per annum. Tenure Long Leasehold – 999 Years. Guide Price £175,000 (One Hundred and Seventy Five Thousand Pounds). Business Rates The property is entered in the 2010 rating list with a rateable value of £3,400. Interested parties should contact the local authority to confirm rates payable. Legal Costs Each party to bear their own costs incurred in the transaction. VAT We understand that VAT will not be applicable. Planning The property is currently being used as A1 retail. However, the purchaser should make their own enquiries to the Planning Authority prior to entering into any form of contract. EPC An Energy Performance Certificate has been commissioned. Viewing Strictly by prior arrangement with sole agents Hindwoods, 020 8858 9303: Hal Clarke: [email protected] Paul Connaghan: [email protected]
CG5308 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.
GUIDE PRICE: £175,000 Location The property is located on the east side of New Cross Road (A2) close to the busy junction of Queen’s Road (A202). New Cross Gate railway station is within walking distance from the property which provides regular rail services into Waterloo East, Victoria, Charing Cross and London Bridge, in addition, Queens Road Peckham railway station is also close by. The property benefits from a substantial amount of passing traffic and is surrounded by an ever improving mix of retailers, cafés, restaurants and bars. Description The property is arranged over ground and basement floors and is currently trading as a beauty salon (Milena G Ltd). The tenant has been trading successfully at the premises since August 2013 and has carried out an extensive fit out. The property benefits from gas central heating, spot lighting, suspended ceilings, laminate wood flooring and a CCTV system. The raised ground floor provides excellent natural daylight to the basement which contains an additional beauty area, shower facilities and kitchen.
Accommodation The property has the following approximate net internal areas: Ground Floor Basement Total Accommodation
16.62 sq. m. (179 sq. ft.) 22.72 sq. m. (245 sq. ft.) 39.34 sq. m. (424 sq. ft.)
Tenancy The property is currently let to Milena G Ltd for a term of 3 years from 1st August 2013 at a rent of £12,000 per annum. Tenure Long Leasehold – 999 Years. Guide Price £175,000 (One Hundred and Seventy Five Thousand Pounds). Business Rates The property is entered in the 2010 rating list with a rateable value of £3,400. Interested parties should contact the local authority to confirm rates payable. Legal Costs Each party to bear their own costs incurred in the transaction. VAT We understand that VAT will not be applicable. Planning The property is currently being used as A1 retail. However, the purchaser should make their own enquiries to the Planning Authority prior to entering into any form of contract. EPC An Energy Performance Certificate has been commissioned. Viewing Strictly by prior arrangement with sole agents Hindwoods, 020 8858 9303: Hal Clarke: [email protected] Paul Connaghan: [email protected]
CG5308 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.
