We’ve gone all moody and retro with our B&W cover shot this month! Lots to read inside including the story of a local making the finest Korean kimchi, the background to Graham Webb’s international success and a personal look at the Avery Hill Mansion tour by Grace Boyle. All the usual suspects too of course – Jane’s Jottings, Historic Eltham and SPY.
A property sell-off by Sainsbury’s could lead to a major new flat development in central Eltham.
The shopping arcade, St Mary’s, running between its store and the High Street, is being marketed for £2m.
Purchasers are being asked to consider the possibility of adding extra floors, possibly levelling up to the height of the adjacent cinema.
The sale of the nine retail units and the historic community centre fronting the High Street, is part of a nationwide rationalisation of Sainsbury’s estate to pay off debts.
The future of the struggling Moss Bros, one of the tenants, will be raised although the store itself, refurbished last year, seems safe at the moment, despite losing ground to the discounter stores Aldi and Lidl locally.
The advert for the site reads:
St Mary’s Place, Eltham, London SE9 – High Yielding Greater London Retail Investment
Please find details attached on the above high yielding, Greater London retail investment that we are instructed to sell. The salient points are as follows:
- Eltham is a busy London suburb within the Royal Borough of Greenwich.
- A retail and leisure scheme in the heart of the town centre adjacent to the town’s new leisure complex and Sainsbury’s.
- Nine units providing 14,193 sq ft on around half an acre
- Let to a diverse range of retail and leisure occupiers.
- Rents are set at affordable levels with a total current rent receivable of £194,064 pa.
- Reversionary to £232,500pa
- Offers invited in the region £2,000,000 (Two Million Pounds). Assuming standard purchasers’ costs of 6.28%, a purchase at this level would reflect and attractive Net Initial Yield of 9.13%
February’s SEnine magazine is out soon here to brighten up the dull winter weather. This month we look at the joys of vegan and vegetarian fast food… and give the various options honest ratings for taste and value! Lots of other features throughout, including a review of The Life and Loves of E Nesbit, a brilliant new biography of the Eltham-based author. All the regular columns are there too… Jane’s Jottings, SPY and Mailbox.
November’s SEnine magazine is here to brighten a gloomy day. Another 40 pages of news, features and events on life in SE9.
A bumper 48-page SEnine is out now with latest news of the fate of Mecca Bingo, Avery Hill and a visit by the ‘First Lady of Ladybird Books’ as part of this year’s Elthamread festival.
On Avery Hill, the ‘SAVE Avery’ campaign is holding a public meeting on Monday 21 October to hear concerns about plans for a new boys secondary school on the site, to be held at Crown Woods at 7.30pm
A fabulously packed edition for the end of the summer… featuring stories on the traffic noise above our homes – and plans for London City Airport to increase the number of flights. On a brighter note, the cover shows how an old car can be put to good use as a vehicle for charity… read about it inside too. Lots of other news inside as well as features on local film talent, bell ringers and street parties – plus the ever-popular SPY and Jane’s Jottings.
Another victory for New Eltham blind rights campaigner, Dr Amit Patel! Eltham Station is to have tactile paving installed by Spring next year, together with 18 other locations. Currently the paving is only on part of the ‘down’ line platform. Dr Patel raised the problem with Network Rail, who have since surveyed all locations where it is missing. His campaigning has also won a promise of the return of the High Street pelican crossing between Lidl and Next.
July’s SEnine Magazine is out this weekend. Big news this month is that Eltham’s innovative Men in Sheds Project is facing a funding crisis – read about what you can do on pages 4 & 5. There’s also a report from some of the young people involved in the Friday ‘School Strikes for Climate’ protests in Central London. There are all the usual features including Jane’s Jottings, Book Ends and lots of ‘news’ and speculation in SPY!
June’s bumper 44-page SEnine Magazine is out this weekend. The lead story looks at the changing face of GP services in the area and how technology could affect them. There’s also a Quirky History about the Courtaulds after they left Eltham Palace and a fabulous Personal Eltham with a D-Day theme. There are all the usual features including Jane’s Jottings, Book Ends and lots of ‘news’ and speculation in SPY!
May’s SEnine Magazine, our 150th edition, is out this weekend. This ‘Cinema Special’ edition looks at the history of the new Vue cinema site and also looks back at the histories of all the cinemas in the SE9 area thanks to John Kennett’s detailed documentation. There are special features including Jane’s Cinematic Jottings, Filmic Book Ends and even a CINE SPY – as well as a chance to win three Family Tickets to the new Vue cinema by entering our Big Film Quiz!
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