Retail premises for sale in High Street, London SE20, £650,000
650,000.00
Offer Nr.:
60945002
Type of ad:
for Sale
Property type:
Retail premises
Bathrooms:
1
Contact name:
Eaton Green
Phone(s):
020 3641 8703
Email:
* Freehold
Investment opportunity
Three shops adjacent to each other located on Penge High Street within a
quarter of a mile of Penge East and Penge West railwaystations. All shops are
tenanted and will be sold together on a long leasehold. Please note the flats
above are not included. Sublease terms for the units are as follows:
\ - 35: Currently achieving £10, 000 per annum rent, five yearly rent reviews
with the next rent review due in 2025. Ten year sublease from 2020
\ - 37: Currentlyachieving £6, 600 per annum rent, with three yearly reviews.
Tenant is currently holding over
\ - 39: Currently achieving £9, 000 per annum rent, three yearly rentreviews
with the next rent review due in 2023. Ten year sublease from 2018
Available now, call office for more information or to book a private viewing.
Investment opportunity
Three shops adjacent to each other located on Penge High Street within a
quarter of a mile of Penge East and Penge West railway
tenanted and will be sold together on a long leasehold. Please note the flats
above are not included. Sublease terms for the units are as follows:
\ - 35: Currently achieving £10, 000 per annum rent, five yearly rent reviews
with the next rent review due in 2025. Ten year sublease from 2020
\ - 37: Currently
Tenant is currently holding over
\ - 39: Currently achieving £9, 000 per annum rent, three yearly rent
with the next rent review due in 2023. Ten year sublease from 2018
Available now, call office for more information or to book a private viewing.
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