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FREEHOLD DEVELOPMENT SITE FOR SALE
on the instructions of London Fire Brigade

Key Points

• Prime residential development site (stpp)
• Highly sought after residential location
• Freehold sale with the benefit of existing income
• Existing single-storey building of circa 1,500 sq ft
• Current income of £36,000 PA
• Close proximity to many green open spaces
• Far reaching views

Description

The site comprises a regular shaped site of approximately 0.14 acres (0.057 hectares), on which there is a communications mast attached to the roof of a purpose built single storey building and a parking area for about six vehicles fronting Eaglesfield Road.

Location

Shooters Hill is situated in south-east London, between Charlton, Plumstead, Welling and Eltham. It is just under ten miles from Central London.

The site is located approximately 1.5 miles from Woolwich Arsenal mainline station, with Plumstead (mainline) and North Greenwich (Jubilee line) also close by, as well as numerous bus routes to Central London within easy walking distance.

The surrounding area also boasts many beautiful green spaces, including Oxleas Woods and Shooters Hill Golf Course.

Viewings

By appointment only via sole agents, Dron & Wright.

Terms

Freehold - price upon application.

Tenancies

There are two separate leases, as follows:

1) EE Limited and H3G (UK) Limited for a term expiring 28th November 2021 at a rent of £16,483 PA.

2) Airwaves Solutions Limited for a term expiring 6th December 2019 (holding over) at a rent of £19,724 PA.

Planning

The site has an established use as a transmitter site and is located within the Shrewsbury Park Conservation area.

Further Information

An information pack including detailed information relating to the site and the tenancies is available by way of a zip file, upon request.