83 Eltham High Street London Royal London Borough of Greenwich SE9 1TD

83 Eltham High Street
London
Royal London Borough of Greenwich
SE9 1TD

Freehold Retail Investment

Prime high street location in popular London suburb
Nearby occupiers include Boots the Chemists, Santander Bank, Dorothy Perkins and Marks & Spencer
Six Week Completion Period Available

Lot
28
Auction
29th March 2012
Rent
£31,750 per Annum Exclusive
Status
Sold
Price
£305,000
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP
On behalf of P Matthews and E Starling as Joint LPA Receivers, Wedlake Bell

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Freehold Retail Investment

Prime high street location in popular London suburb
Nearby occupiers include Boots the Chemists, Santander Bank, Dorothy Perkins and Marks & Spencer
Six Week Completion Period Available

Lot 28
Auction 29th March 2012
Rent £31,750 per Annum Exclusive
Status Sold
Price £305,000
Sector
High Street Retail
Auction Venue
Millennium Hotel
39-44 Grosvenor Square
London W1K 2HP
On behalf of P Matthews and E Starling as Joint LPA Receivers, Wedlake Bell

Property Information

Location

The property is situated in a prime position on the north side of Eltham High Street opposite Chequers Parade. Nearby occupiers include Marks & Spencer, Boots the Chemists, Santander Bank, Dorothy Perkins and Debenhams.

Situation

Tenure

Freehold.

Location

Situation

Tenure

Freehold.

Description

The property comprises a ground floor retail unit currently used as an amusement arcade, with ancillary accommodation to the rear.

Note
This property is being marketed on behalf of Joint Law of Property Act Receivers and therefore no warranties or guarantees in any respect, including VAT, can be given. The LPA Receiver is not bound to accept the highest or any offer and are acting without personal liability.

VAT

VAT is not applicable to this lot.

EPC

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

Description

VAT

VAT is not 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	Reviews/(Reversion)
Ground	Retail	109.89 sq m	(1,182 sq ft)	BLACKHEATH LEISURE (CAROUSEL) LTD (1) (t/a Quicksilver)	11 years from 18/11/2004 on a full repairing and insuring lease	£31,750	25/03/2015 (18/11/2015)
Ground	Retail	109.89 sq m		BLACKHEATH LEISURE (CAROUSEL) LTD (1) (t/a Quicksilver)		£31,750	25/03/2015 (18/11/2015)
Totals		109.89 sq m	(1,182 sq ft)			£31,750

(1) Blackheath Leisure (Carousel) Ltd is a subsidiary of Talarius Ltd. Talarius Ltd operate in excess of 200 gaming venues in the UK and are licensed by the UK Gambling Commission. Talarius Ltd is the leading and largest gaming centre operator in the UK with decades of experience and an unsurpassed track record in the gaming industry. Talarius is a wholly owned subsidiary of Tatts Group, one of the largest gaming companies in Australia, operating lotteries, wagering and gaming businesses. Tatts Group (TTS) is listed on the Australian Stock Exchange (ASX:TTS). (Source: www.quicksilver.co.uk 02/03/12)