Interested parties should contact Knight Frank Auctions for further information.

Description
The property comprises a five-storey building providing a lower ground commercial unit, ground floor 1 bedroom flat, first floor 1 bedroom flat and a 2 bedroom flat on the second & third floors.

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Location
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.
Local amenities include gyms, Lewisham town centre, Blackheath, and Greenwich are all 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. Supermarkets such as Tesco and Aldi are also conveniently located nearby.
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

Tenancies
25A - Let to an individual on an AST at £16,800 pa
25B - Let to an individual on an AST at £18,600 pa
25C - Let to an individual on an AST at £24,000 pa
Total Current Rent - £71.400 pa

Tenure
Freehold

Buyers Fee
The buyers fee is £1500 including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property.

Auction Details
The sale of this property will take place on the stated date by way of and is being sold as Unconditional.
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, subject to a minimum of £5,000. The deposit contributes to the purchase price.
• Buyer’s Fee- the value of this fee will be listed against the property details, inclusive of VAT.

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 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 SDL Property Auctions’ home page.
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 Buyers Terms.