84 Springbank Road, Hither Green, London SE13 6SX

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STATUS

For Sale

DESCRIPTION

The property comprises a mid-terraced period building arranged on basement, ground, first and second floor levels. The ground floor provides a commercial unit with two rear offices plus staffroom/ kitchenette and WC. There is access to the rear garden and internal access to the basement which offers storage with limited headroom. The first and second floors have a separate entrance from Springbank Road comprising a HMO registered for 5 persons occupying 4 rooms. In addition, there is a bathroom/WC, kitchen and store room. HMO License Number LN/202000398 for term of 5 years from 24th December 2020 under designation “Manager Private Sector Housing Licensing”

LOCATION

Hither Green is a popular suburb within the London Borough of Lewisham. Springbank Road is situated in close proximity to Hither Green Railway Station and only a short distance from the south circular (A205) which offers trunk road access to Central London.

FLOOR AREA

TERMS

The ground floor is let upon a lease to Excel Media Technology Limited for a term expiring on 30th September 2022 at a current rental of £6,500 (Six Thousand Five Hundred Pounds) per annum exlusive. The upper parts are let upon a 3 (Three) year Assured Shorthold Tenancy expiring in 2024 at a rental of £1,600 (One Thousand Six Hundred Pounds) per calendar month with annual RPI increases throughout the term. 

Freehold Price – Offers In Excess of £500,000 (Five Hundred Thousand Pounds), subject to the occupational tenancies.