Property Information
Address:
107 Plumstead High Street, London
, SE18 1SE
Price: Property no longer available.
Size: 950 sq ft88 sqm
Primary Category: Shop
All Categories:
Shop,
Property Ref/Movehut: MH662409
Property Ref/Agent: 30323
*Please use the agent ref when calling the agent directly.
Property description
An opportunity for a local business or investor to buy a vacant commercial unit along the busy Plumstead High Street. The subject property is laid out over ground floor and basement, includes kitchenette and WC facilities, and is in fair condition throughout. The property is well-positioned at the junction of Plumstead High Street & Herbert Road, and enjoys heavy passing footfall and constant vehicular traffic throughout the day. There is a flat in the upper parts sold off on a long lease with 119 years expired.
Freehold retail units are not readily available to purchase, for an investor there is an estimated rental value of £20,000 per annum which would generate a healthy 8% at the guide price, and for owner occupiers there will be few better pitches to run a business from in the local area.
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