403, 405, 407 New Cross Road, London, SE14

20 February 2012

SUBJECT TO CONTRACT

Dear Sir / Madam

Please follow link below to download brochure of a development / investment opportunity in South East London. 

The salient points are summarised below:-

  • Situated approximately 3 ½ miles south of central London.
  • New Cross railway station and Goldsmiths University are situated within close proximity.
  • Approx. five minutes journey time to London Bridge railway station from New Cross.
  • Comprises three buildings and rear yard with a total site area of approximately 770 sq m (8,285 sq ft).
  • The property is currently subject to eight leases producing a total income of £145,512 per annum.
  • Outline planning consent for the site to be redeveloped into a 60 bedroom hotel.
  • The property may suit alternative uses such as residential or student accommodation (subject to obtaining necessary consents).

The property is being sold freehold subject to leases seeking offers in excess of £1,700,000 (+ VAT if applicable).

Should you have any further queries regarding the above, please do not hesitate to contact Panayiotis Themistocli of Sole Selling Agents AG&G Chartered Surveyors on Tel: 020 7836 7826.

Kind regards

AG&G Chartered Surveyors

403, 405 & 407 New Cross Road, London, SE14
Region: New Cross
Tenure: Freehold
Price: £1,700,000