19-21 Penhall Road, Charlton, London, SE7 8RX
Guide Price £4,000,000 For the Freehold
- Currently used by various industrial businesse' which will require demolition to allow development
- Site is approximately 2 acres
- The property is in an established industrial area off Woolwich Road
- Freehold Guide Price £4,000,000.
The property is in an established industrial area off Woolwich Road, in the close proximity to the regeneration areas around the Olympics and the Dome. Charlton station is nearby and there are plans to extend the East London section of the DLR through to Woolwich.
The property is currently used by various industrial businesses' in older style industrial properties, which will require demolition to allow development allowing long road frontage on principally levelled site.
Freehold with various tenants on the site currently on 5 year leases from 2009.
Approximate income £180,000 PA (we understand the leases are outside the 1954 Landlord & Tenant Act)
We recommend all interested parties make their own enquiries to the Royal Borough of Greenwich. Business rate multiplier is 45.8p in the £.
Both parties to bear their own legal costs
Strictly by appointment with
JOHN PAYNE COMMERCIAL 020 8852 6125
Location:19-21 Penhall Road, Charlton, London, SE7 8RX
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Whilst every effort has been made to ensure the accuracy of these particulars they
are in no way guaranteed and do not and will not constitute any part of a contract
or any other form of agreement. No liability shall attach to John Payne Commercial
or its representatives in relation to anything stated or omitted from these particulars.
All prospective lessees or purchasers are invited to and expect to inspect the property
to check the accuracy of these particulars and to seek appropriate advice from their
surveyor and/or solicitor.
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