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£1,175,000 OIEO

31-33 Woolwich Road, Greenwich SE10 Ref: 28268

A rare opportunity to acquire a mixed-use freehold investment in Greenwich SE10. The property comprises a double-fronted restaurant and 4 x 1 bedroom flats, 1 of which is sold on a long leasehold basis with 3 still contained within the sellers ownership. The property benefits from a planning consent for an additional one bedroom flat in the airspace which should generate a rental return in excess of the current rent generated by the existing flats due to the fact the proposed flat will be new build. The property is currently fully let and produces a total income of £76,350 per annum, with potential to increase the rent with the proposed additional one bedroom flat.

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