Commercial area of approx. 562.41 sq m (6,052 sq ft)
Of interest to owner occupiers
Immediate asset management opportunities
Nearby retailers include a Tesco Superstore, Iceland, Lidl, Superdrug, Costa Coffee, McDonald's, KFC, Greggs and JD Sports
Not elected for VAT
Lot 4
Auction 10th July 2025
Rent £400 per Annum Plus 6,052 sq. ft. of Vacant Accommodation
Status Sold
Price £785,000
Sector Retail, High Street Retail, Bank, Development
Auction Venue Live Streamed Auction
On Behalf of NatWest Bank
Property Information
Location
Miles
5 miles south-east of Brixton, 8 miles south-east of Central London
Roads
A2, A20, A21, A205, M25
Rail
Honor Oak Park Station, Catford and Catford Bridge Train Stations
Air
London City Airport, London Heathrow Airport
Situation
Catford is a district in south-east London that boasts excellent communication links via the A2 and A205, as well as being close to Central London via Honor Oak Park Tube Station (30 minutes) and Catford/Catford Bridge Train Stations. The property is situated on Rushey Green, with a prominent frontage onto the South Circular Road (205), opposite The Broadway Theatre and Town Hall. Nearby retailers include a Tesco Superstore, Iceland, Lidl, Superdrug, Costa Coffee, McDonald's, KFC, Greggs and JD Sports.
Tenure
Freehold.
Location
Miles
5 miles south-east of Brixton, 8 miles south-east of Central London
Roads
A2, A20, A21, A205, M25
Rail
Honor Oak Park Station, Catford and Catford Bridge Train Stations
Air
London City Airport, London Heathrow Airport
Situation
Catford is a district in south-east London that boasts excellent communication links via the A2 and A205, as well as being close to Central London via Honor Oak Park Tube Station (30 minutes) and Catford/Catford Bridge Train Stations. The property is situated on Rushey Green, with a prominent frontage onto the South Circular Road (205), opposite The Broadway Theatre and Town Hall. Nearby retailers include a Tesco Superstore, Iceland, Lidl, Superdrug, Costa Coffee, McDonald's, KFC, Greggs and JD Sports.
Tenure
Freehold.
Description
The property comprises a substantial triple fronted former banking hall arranged over ground, basement, first and second floors. Part of the first, second and the entire third floors have been converted to residential flats and let on long leases.
VAT
Not elected for VAT
Note
This sale is conditional and is subject to confirmation by the Seller. Please see further details within the Special Conditions of Sale.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a substantial triple fronted former banking hall arranged over ground, basement, first and second floors. Part of the first, second and the entire third floors have been converted to residential flats and let on long leases.
VAT
Not elected for VAT
Note
This sale is conditional and is subject to confirmation by the Seller. Please see further details within the Special Conditions of Sale.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m (1)
Floor Areas Approx sq ft (1)
Tenant
Term
Rent p.a.x.
Ground Basement Part First Part Second
Retail Ancillary Ancillary Ancillary
273.98 87.15 130.42 70.86
(2,949) (938) (1,403) (762)
VACANT
-
-
Part First Part Second Third
Residential - 4 flats
-
-
INDIVIDUALS
Let on 4 separate leases each for a term of 125 years
£400
Total Approximate Commercial Floor Area
562.41
(6,052)
£400
(1) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
