Plumstead Common Road, Plumstead, SE18

Under Offer - £125,000

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  • RETAIL PREMISES SITUATED ON A BUSY MAIN ROAD
  • FLAT OVER GENERATING £15PA GROUND RENT
  • FLOOR AREA OF APPROX. 185 SQUARE FEET
  • SUIT RETAIL USE OR OFFICE FOR 1 / 2 PERSONS
  • VACANT POSSESSION / CHAIN FREE

LOCATION:
The subject premises is situated next door to Robinson Jackson Estate Agents and close to Plumstead Common on the busy Plumstead Common Road at the junction with Blendon Terrace. This is an area with a high density of properties and therefore has a very good potential customer base. Buses pass the door and there are other mainly independent shops in the immediate vicinity. Parking is available in surrounding side roads with Woolwich town centre is approximately 1.5 miles away.

DESCRIPTION:
A well-positioned small lock up shop situated on the ground floor of a 2 storey mid terraced property which has previously been trading as a hair and beauty shop and prior to that a design and print business. The premises has a glazed frontage incorporating a single entrance door which leads you into the main retail area which is well presented and finished off with a laminated wood effect floor and a suspended ceiling with spotlights. The sales area measures approximately 185sq ft/17.2sq .m and has a small lobby and a staff toilet at the rear.

We feel the premises would be suitable for hairdressers, barbers, nail bar or possibly a smaller business operation similar to the former occupiers

There is a flat arranged over the first floor which has been already sold on a long lease and for the freeholder produces an annual ground rent income of £15.

TENURE:
Our client is open to consider offers/proposals to acquire either the freehold or leasehold interest in this property.

For applicants looking to purchase the freehold the asking price is £125,000.

Applicants looking at the leasehold option are advised that the terms of the lease are negotiable and that the commencing rental is to be £9,000pa

A rental deposit will be required subject to status.

EPC: G - 252

RATES:
We understand that the rateable value is £2750-00 per annum with rates payable of £971.94 per annum. Interested parties are advised to make their own enquiries with the relevant council.

LEGAL FEES:
Each party are to be responsible for their own legal costs

VIEWING ARRANGEMENTS:
No direct approach may be made to the property / business. For an appointment to view, please contact the agent.

Hummerstone & Hawkins
144 Welling High Street
Welling, DA16 1TN

T: 0208 303 1061
E: agency@hummerstone.co.uk

IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.