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Property for sale

Plumstead High Street, London, SE18
Property
Added > 14 days

Features and description

  • Vat applicable
  • Two Commercial Units
  • New 999 Year Lease
  • High Street Location
  • 1 x Split Level Commercial Unit
  • 1 x Ground Floor Hair Salon
  • Businesses Not Affected

Price: £595,000 + VAT


Investment Opportunity: Two commercial buildings for sale, both currently tenanted on long leases, generating a total of £38,500 per annum.

Current Net Rental Yield: Approximately 6.5%


First Commercial Unit:


Introducing a distinctive and highly desirable split-level commercial property in the heart of bustling Plumstead High Street. This property presents a unique blend of traditional architectural charm and modern amenities.


Spanning two expansive levels, the total floor space is approximately 2,100 sq ft. Each level offers flexible, open-plan areas suitable for various commercial uses, including retail, office, or service-based businesses.


Ground Floor Features: A broad and inviting shop front with large display windows, Excellent street exposure and natural light, a dedicated storage area, staff amenities including a fitted kitchenette, toilet, and shower

Lower Level Features: Additional commercial space, a further kitchen and a toilet


Second Commercial Unit:


Introducing a Hair salon across a 551 Sq Ft ground-floor commercial unit, currently rented on a long-term lease.

Location: Busy high street with excellent links to Central London


Lease Term: 999 years

Service Charge: £850 per year (approx.)

Ground Rent: Peppercorn


Location Highlights

Strategically located on Plumstead High Street, the property benefits from high footfall and proximity to a variety of successful businesses, including restaurants, retail shops, and professional services. Public transport is readily accessible, with multiple bus routes and Plumstead railway station nearby.


Additional Notes


VAT Applicable


Personal Interest Declaration: In accordance with Section 21 of the Estate Agents Act 1979, we declare a personal interest in the property. The vendor is an employee of this estate agency.


Agents Note: We may refer you to recommended providers of ancillary services such as conveyancing, financial services, insurance, and surveying. Referral fees may apply. You are under no obligation to use these services.


AML Disclaimer: Verified ID and proof of funds are required before instructing a sale, along with details of your instructed solicitors.

About this agent

Kallars - Sidcup
Kallars - Sidcup
148 Station Road Sidcup, Kent DA15 7AB
020 8128 4442
Full profileProperty listings
We are Kallars, an independent property services provider in South East London. In line with the changing needs of the buying and selling process, we have evolved from traditional high street estate agents to innovative and forward thinking property agents. We have developed an exciting new concept of estate agency with an approach that is fresh, innovative and results driven. We have been long established and are highly experienced in the buying and selling of properties. We build on our strengths, as an advanced modern property agency that can provide advice and knowledge to meet the changing needs of our wide ranging clientele, such as first time buyers, upgrading / downsizing, and buy-to-lets, investors and developers. As well as the more traditional services, we offer a bespoke consultancy service tailored to meet ever-changing aspirations. We offer realistic and achievable advice with the clients’ circumstances at the forefront of our minds. What we offer Client Base – we have a wide ranging client base who are at various stages of the property cycle. For example, clients who have progressed from being tenants to property owners and are now landlords themselves. Knowledge - local geographical know-how, as well as keeping a keen eye on the changing political, economic and social scene. Enthusiasm - stemming from our close knit team, who are regularly instructed by repeat clients with whom close working relationships are nurtured time and time again. The advice and guidance from our team is spot on. Accreditation - ARLA, NAEA, Property Ombudsman. Links with property portals such as OnTheMarket.com - ensuring your property has maximum exposure. Integrity – ensuring appraisals reflect the market and being realistic right from the outset of our working relationship, which saves time and allows us to be focused on your aspirations. What are we then? Are we an estate agency or a consultancy? Truth be told, we are both. We have high calibre experts in our team that provide both services. A team that has the knowledge and advice, when it comes to the process of investment and development of properties. Ultimately, someone who will be your partner to help you sell or purchase your home. We continue to offer a bespoke service to our clients in order to fulfil their property needs. We can help you with: Selling your house Purchasing your new home Buy-to-Let investors Letting and managing your property Helping potential tenants to find a property that fits their needs The Kallars team is well known and has a strong presence in the local area. We utilise our community knowledge to provide comprehensive and insightful assistance in satisfying people’s varying property requirements. Ethos Our most powerful weapon in helping to achieve all of this is our team. We pride ourselves on communication and our ability to work with you effectively. Our team is firm and decisive in understanding and meeting our clients’ needs. They see themselves as stakeholders in your property transactions and will work with you to ensure that your interest is paramount in delivering the very best results.
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