Clive Emson · 5 Nov 2026 · in 17 days
Freehold Restaurant Premises With Flat Sold On Long Lease
Bengal Brasserie, 79 Springbank Road, London, SE13 6SS · London
LiveMixed-useLeaseholdVacantRelisted
- Guide
- £320,000
- Rent a year
- ≈£26,000est.
- Yield on the guide
- ≈8.1%est.
- Payback
- ≈12 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- Not published
What it costs to own
The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
Clive Emson hasn't published a rating for this lot. Ask for the certificate or check the legal pack: in England and Wales, a commercial property rated F or G can't be let without a registered exemption.
How it compares
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Create an accountHistory
- First listed on Cornerlot 15 Oct 2026.
- Listed before with Clive Emson for 24 Sept 2026: Unsold. See that listing
Clive Emson's record
Clive Emson's results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Leasehold mixed use lot in London. Offered vacant, so there's no income from day one.
Lot 98, Commercial Investment. This freehold building is arranged as a vacant commercial premises with flat above which has been sold on a long lease. Formerly an Indian restaurant, the premises is situated in a well-connected south-east London location. The property may offer potential for alternative uses, subject to all necessary consents being obtainable. Ground Floor: Waiting area, seating area, commercial kitchen, store room, male and female toilets. Tenure: Sold on a 189-year lease, from 5th July 1983, at a current ground rental of £50 per annum. However, we have been advised by the Seller this has not been collected in recent years. First Floor Flat. Freehold with Part Vacant Possession
Figures come from Clive Emson's published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.