Retail property (high street) for sale
Features and description
- Tenure: Freehold
- Freehold title
- Investment opportunity
- Commercial unit on the ground floor
- Two bedroom flat above
- Located near local amenities
- Easy access to surrounding areas
- Great potential
We are pleased to offer to auction this freehold investment opportunity.
The building consists of a well-positioned commercial unit on the ground floor, with a spacious and self-contained two-bedroom flat above.
The flat offers two generously sized double bedrooms, a fully equipped kitchen, and a bright and welcoming reception room, providing a comfortable living space.
Conveniently situated above the commercial unit, the property enjoys private access and is ideally located near local amenities, shops, and excellent transport links, ensuring easy access to surrounding areas.
This is a must-see for investors or those looking for a property with great potential.
Please note we have not inspected this property.
Rooms
Location
Choumert Road is a lively street in Southwark, South London, located near Peckham Rye. The road features a mix of Victorian homes and modern flats. It's well-connected, with Peckham Rye station nearby for easy access to central London. The area has plenty of independent shops, cafes, and local spots close by.
Accommodation
The building consists of a well-positioned commercial unit on the ground floor, with a spacious and self-contained two-bedroom flat above. The flat offers two generously sized double bedrooms, a fully equipped kitchen, and a bright and welcoming reception room, providing a comfortable living space. Conveniently situated above the commercial unit, the property enjoys private access.
Tenure
Freehold. Title number SGL350096.
Rateable Value
The current rateable value is £12,000 (1 April 2023 to present).
Sourced from VOA.
Council Tax
Band B.
EPC
Available upon request.
Shop: Rating C
Flat: Rating D
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments
Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.