106 High Street Eltham London SE9 1BJ

106 High Street
Eltham
London
SE9 1BJ

Freehold Retail Investment

Entirely let to Shoe Zone Retail Limited on a 15 year lease
Prominent corner unit in High Street location
Nearby occupiers include Boots Chemist, Marks and Spencer, Dorothy Perkins, Card Factory and Nationwide Building Society
For the Seller's Legal Pack, please click the Property Documents tab below

Lot
4
Auction
11th February 2016
Rent
£52,500 per Annum Exclusive
Status
Sold
Price
£822,000
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
On Behalf of Liquidators, BDO

Important Update Interested?

Expand
Photos
Map

Freehold Retail Investment

Entirely let to Shoe Zone Retail Limited on a 15 year lease
Prominent corner unit in High Street location
Nearby occupiers include Boots Chemist, Marks and Spencer, Dorothy Perkins, Card Factory and Nationwide Building Society
For the Seller's Legal Pack, please click the Property Documents tab below

Lot 4
Auction 11th February 2016
Rent £52,500 per Annum Exclusive
Status Sold
Price £822,000
Sector
High Street Retail
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
On Behalf of Liquidators, BDO

Property Information

Location

Miles: 8 miles south-east of Central London
Roads: A20, A2, A205 (South Circular)
Rail: Eltham Railway Station, direct to London Victoria, Cannon Street and Charing Cross
Air: London City Airport

Situation

Eltham is a suburb in South East London within the Royal Borough of Greenwich. The property is situated in a prominent position on the High Street and forms part of the Chequers Parade. Nearby
occupiers include Boots Chemist, Marks and Spencer, Dorothy Perkins, Card Factory and Nationwide Building Society.

Tenure

Freehold.

Location

Miles: 8 miles south-east of Central London
Roads: A20, A2, A205 (South Circular)
Rail: Eltham Railway Station, direct to London Victoria, Cannon Street and Charing Cross
Air: London City Airport

Situation

Tenure

Freehold.

Description

The property comprises a ground floor retail unit with first floor ancillary accommodation and benefits from a small yard and servicing to the rear.

Six Week Completion

Note
This property is being marketed for sale on behalf of Liquidators and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided by the Liquidators to the best of their knowledge but the purchaser must rely solely upon their own enquiries. The Liquidators are not bound to accept the highest or any offer and are acting in respect of this sale without personal liability.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Review
Ground	Retail	116.11 sq m	(1,250 sq ft)	SHOE ZONE RETAIL LIMITED (1)	15 years from 03/07/2006 until 02/07/2021 on a full repairing and insuring lease	£52,500	03/07/2016
First	Ancillary	71.43 sq m	(769 sq ft)	SHOE ZONE RETAIL LIMITED (1)		£52,500	03/07/2016
Totals		187.54 sq m	(2,019 sq ft)			£52,500

(1) For the year ending 4th October 2014, Shoe Zone Retail Limited reported a turnover of £172,861,000, pre-tax profits of £11,677,000 and a total net worth of £29,677,000. (Source: Experian Group 13/01/2015)