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4 bed house
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Price History
Our Summary
- Mixed-use investment opportunity
- Potential for additional development (STPP)
- Dexters are delighted to introduce for sale two adjacent freehold titles located in New Cross, London SE14 featuring a mixed-use investment opportunity containing 3 retail/commercial units and 2 fully let two-bedroom split self-contained flats
- Additional Development Potential In our view, there is the potential to create additional development to the rear of 391 New Cross Road access via Grehan Mews in-line with 385 to 389 and 393 to 399 New Cross Road, subject to securing the necessary planning consents
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Description
The property is a freehold investment opportunity with two adjacent titles located on New Cross Road, London SE14. The property consists of 3 retail/commercial units and 2 fully let two-bedroom split-level flats. Unit 389 New Cross Road features a vacant retail unit of 30.5 sq.m and a let retail unit of 110.6 sq.m, secured on an assured tenancy agreement for £3,000 per month.
Unit 391 New Cross Road features a vacant retail unit of 94.5 sq.m and a let unit of 30.5 sq.m, secured on an assured tenancy agreement for £1,950 per month. The 2 self-contained flats are also available, each with its own front door and designated access.