• 5 Adjoining Freehold Properties & Car Park.

• Total Passing Rent £318,422 pa

• 3 Commercial Units & 13 Flats

• On Behalf of Trustees

• In the Same Ownership for 45 years

• To be offered by Knight Frank at auction on 24th October 2024, unless sold prior

Property Description

Refurbished in 2022 at a cost of over £1.2m, the property comprises 5 adjoining freehold buildings each arranged over 5 floors to provide in total 3 commercial units and 13 flats. 21 & 23 each benefit from a rear garden. The car park is accessed via Cressingham Road.

For Tenancy Schedule please contact [email protected]

21 Lewisham High Street – 2 Flats
- 1 x 2 bedroom flat & 1 x 3 bedroom flat*

23 Lewisham High Street- 2 Flats
- 1 x 2 bedroom flat & 1 x 4 bedroom flat

25 Lewisham High Street - 1 Commercial Unit & 3 Flats
- Commercial Unit – 31.35 sq m (337 sq ft)
- 2 x 1 bedroom flats
- 1 x 2 bedroom flat

27 Lewisham High Street – 1 Commercial Unit & 3 Flats
- Commercial Unit – 31.35 sq m (337 sq ft)
- 2 x 1 bedroom flats
- 1 x 2 bedroom flat

29 Lewisham High Street – 1 Commercial Unit & 3 Flats
- Commercial Unit – 31.35 sq m (337 sq ft)
- 2 x 1 bedroom flats
- 1 x 2 bedroom flat

NB – Commercial floor areas from www.tax.service.gov.uk

EPC Ratings
Residential: 8 x B Rating & 5 x C Rating
Commercial: 3 x C Rating

Location

Local amenities include supermarkets such as Tesco and Aldi and a well-known market selling heritage and artisan goods. Gyms, Lewisham town centre, Blackheath, and Greenwich are also close-by, with Blackheath Village, offering boutique stores, bars, and restaurants and magnificent green spaces including in Blackheath itself and Greenwich Park, Lewisham Park, Manor Park Gardens, and Hilly fields. The new Lewisham Gateway Development is nearby to provide retail, restaurant, leisure & offices. The property is ideally located on Lewisham High St in Lewisham, South East of London, with excellent transport connections as both the Lewisham mainline station (0.1miles) and the DLR are only a short walk away. Both of these stations can offer quick trains that arrive at Canary Wharf in about 20 minutes and travel to London Bridge in 8 minutes. There are many frequent bus routes that all offer excellent connectivity into Central London, the City, and a variety of useful local facilities. The region is well served with local schools including Urban Mission School (0.1 miles, Ofsted: Good), Prendergast Vale School (0.2 miles, Ofsted: Good), St Saviour's Catholic Primary School (0.4 miles, Ofsted: Good) and Morden Mount Primary School (0.4 miles, Ofsted: Good).

Occupancy

Tenanted

Tenure

Freehold

EPC Rating

B & C

Auction Details: The sale of this property will take place on the stated date by way of Auction and is being sold as on an Unconditional basis. Binding contracts of sale will be exchanged at the point of sale. All sales are subject to the Common Auction Conditions and Extra General Conditions. Auctioneer Fees and Deposit. The following deposits and non-refundable auctioneer fees apply: • 10% deposit of the purchase price, subject to a minimum of £5,000. The deposit contributes to the purchase price. • Buyer’s Fee- is £1950 including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property. The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability. There may be additional fees contained within the Special Conditions of Sale, which can be viewed within the Legal Pack. You are strongly advised to read the Legal Pack carefully and take professional advice before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the Knight Frank Auctions’ website. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack. Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Auction Conduct Guide.