ROI = 16% BMV = 20.45%
Description

StrapLineAuction Sale - 19/03/2025 A rectangular site of approximately 1,186 sq ft future development potential (subject to requisite consents), let on a 10 year lease, well located for the Shopping and Recreational amenities of Penge- Investment let at £8,500 per annum DescriptionA site of approximately 1,188 sq ft with workshop/storage buildingFuture development potential (subject to requisite consents) LocationLocated near to the junction of Wordsworth Road and Green LaneAn extensive range of Shopping facilities can be found nearby in the centre of PengeRecreational amenities of Crystal Palaca Park and Cator Park are both easily accessible TransportNational Rail- Penge East, Penge WestOverground- Penge West TenancyLet to G H Metals (London) ltd for a term of 10 years from 14th February 2024 at £8,500.00 per annum

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Property Details
  • Property ID: 159024872
  • Added On: 2025-03-05
  • Deal Type: For Sale
  • Property Price: £90,000
  • Bedrooms: 0
  • Bathrooms: 1.00
Amenities
  • To be offered on Tuesday 18 March
  • A rectangular site of approximately 1,188 sq ft with workshop/storage buildings
  • Future development potential (subject to requisite consents)
  • Let on a 10 year lease to G H Metals (London) Ltd at £8,500.00 per annum
  • Conveniently located for the amenities of Penge