Acorn are delighted to offer this freehold commercial building in Greenwich to the market for the first time in over 30 years!
The building provides commercial accommodation over lower ground, ground and first floors extending to a total of c.1,050sqft. The property is being offered with vacant possession in September 2020, and is currently tenanted by a D1 operator holding over at a passing rent of £12,000pax. The current tenant has occupied the building for the past 20 years and it is worth noting the vendor/landlord has not reviewed the rent during this period, and therefore a guide rent of £22,000pa is more in line with current market rates.
The property is in good condition throughout, benefits from kitchenette/WC facilities on the lower ground & first floors, and has a small outside terrace area to the rear accessed from the lower ground. The property has self-contained access to the first floor, and subject to the relevant planning permissions would appear to be suitable for residential conversion.
Given the nature of the property we believe it will appeal to owner occupiers, developers & investors alike.