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Offers over
£425,000

Mixed use for sale

226-228 Brownhill Road, Catford, London
Mixed use
Added today

Key information

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Council taxAsk agent

Features and description

  • Freehold Retail Investment.
  • 2x Commercial Units Fully Let at £36kpa (combined).
  • 2x 10-year FRI Leases until 2035 (Rent Review in 2030).
  • 4x Flats with 61-Year Leases Sold Off Above.
  • Sought After Area in South London.
  • Offers in Excess of £425,000 (c.8.5%Yield).
An opportunity to acquire a well yielded (c.8.5%) freehold commercial investment including two-retail units that are fully let producing £36,000pa along with the freehold title for a mixed-use block in Catford, where 4x of the 6x flats above have 61-year underleases where there is opportunity to benefit from future potential lease extension premiums. The two commercial units are currently on 10-year leases until 2035 with rent reviews due in 2030, and all 6x flats above are sold off on long leaseholds.

Property information from this agent

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Area statistics

Crime score
High crime
10/10

About this agent

Acorn Commercial & Development - Bromley
Acorn Commercial & Development - Bromley
9 St Marks Road Bromley, Kent BR2 9HG
020 3641 1340
Full profileProperty listings
As one of London and Kent's most successful property companies with 35 years experience and 40 offices, we strive to deliver a service that is unparalleled by our competitors. Our team appreciate that your home is likely to be your most treasured asset. Therefore whether we are selling, letting or assisting in a purchase, our priority is to ensure each client is treated with care and consideration.
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