LOT 2 · COMMERCIAL PROPERTY
181 Camberwell Road
London, SE5 0HB
Property description
The property comprised a corner mixed used commercial building arranged over basement, ground and two upper floors. Ground floor and basement
Let to ‘Christ Apostolic Church’ for a term of five years from 6th June 2018. The lease expires in June 2023 and the
rent passing is £60,000 per annum (Holding Over) and First and second floors Let to ‘JC Empreas Ltd’ for a term of four years from 2nd April 2019 until 1st April 2023. The rent passing is £42,000 per annum (Holding Over)
Accommodation
Ground Floor
Former Public House
First Floor
Four Bedrooms
Kitchen
Bathroom and a separate WC
Second Floor
Five Bedrooms
Bathroom and a separate WC
Basement Cold beer store and ancillary storage areas.
Location
The property is located in an area managed by the London Borough of Southwark, about four kilometers (2 ½ miles) southeast of central London (Trafalgar Square). It occupies a prominent corner position at the intersection of Camberwell Road (A215) and New Church Road, within a mixed residential and commercial area. Camberwell Road is lined with numerous shops, bars, and restaurants, and Camberwell Green is just a short walk to the south. Transport links are provided by Oval Underground Station (Northern Line) and Elephant and Castle Underground (Bakerloo and Northern Line)
Exterior
Garage
Run the Numbers
Explore rental returns and monthly repayments for this property.
Your rental returns
- Gross yield
- 3.9%
- Net yield
- 3.9%
- Annual income
- £60,000
Net yield deducts your annual running costs, before tax and finance.
Yields use the purchase price and assume 12 months’ rent. Include maintenance, insurance, management and vacancy allowances in annual costs. Tax, finance and purchase fees are excluded.
Illustrative estimates only, not financial advice or a lending offer. Confirm funding and the completion deadline before bidding.
Additional Fees & Important Information — Swift Property Auctions
Buyer's Premium & Disbursements
Some lots may include additional charges on completion. Full details are contained within the legal pack and addendum and should be reviewed before bidding.
Guide & Reserve Prices
Guide prices reflect the seller's minimum expectation at the time of listing. They are not valuations and may change prior to auction. All lots are offered subject to a Reserve Price, being the minimum the seller has authorised a sale at.
Administration Fee
A fee of £1,800 (including VAT) is payable on exchange, unless stated otherwise in the addendum.
Available Prices (Post-Auction)
Where a property remains unsold, an Available Price may be advertised. This reflects the seller's expectations post-auction and is subject to contract.
Reliance on Guide Prices
Swift Property Auctions and the seller accept no responsibility for any loss arising from reliance on Guide Prices. It is the bidder's responsibility to determine the level at which they wish to bid.
Fees, VAT & Additional Charges
Guide Prices exclude the buyer's fee, VAT (if applicable), and any seller's costs. These are detailed within the Special Conditions of Sale.
Accuracy & Property Condition
Particulars, images and measurements are for guidance only and may change. No warranty is given as to condition or structure. Buyers should make their own enquiries and obtain professional advice before bidding.
Withdrawn or Pre-Sold Lots
Neither Swift Property Auctions nor the seller will be liable for costs or losses relating to lots withdrawn or sold prior to auction.
PROPERTY ENQUIRY
Speak with our auction team.
Ask about 181 Camberwell Road, arrange a viewing or discuss your next steps.