Property Information
Address:
133 Brockley Rise, London
, SE23 1NJ
Price: Property no longer available.
Size: 1750 sq ft
Primary Category: Investment
All Categories:
Investment,
Property Ref/Movehut: MH661406
Property Ref/Agent: 30101
*Please use the agent ref when calling the agent directly.
Property description
A rare mixed-use unbroken freehold building, situated in a prime spot between the Forest Hill and Brockley / Crofton Park areas. The property is arranged as a ground floor shop (plus rear yard), and 2 self-contained apartments over the first, second & third floors above.
The ground floor shop measures circa 600 sqft and benefits from the flexible E use class. This unit has a rear door, which leads out to a yard of a further circa 300 sqft (with vehicular access). The shop is let to El Choppo Butchers who have entered into a straight 16 year lease from January 2021. The lease allows for rent reviews every 4 years, and there are no break options.
The three upper floors comprise two apartments. These are self-contained, with their own access from the front of the property (on Brockley Rise). The first floor is arranged as a one bedroom apartment, and the second and third floors are arranged as a 2 bedroom duplex apartment.
Both of the apartments are considerably under-let. This is as both tenants have been in occupation for many years, and the Landlord has decided against increasing their rent throughout their tenancy. Both tenants occupy the apartments on AST's and are currently 'holding over'.
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