Retail premises for sale in High Street, London SE20, £500,000

500,000.00

Offer Nr.:
64816366
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Hunter Realty
Phone(s):
020 8128 5069

**Description**
Long lease 3x shops commercial properties 999 years
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 stations.
All 3 shops 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 achieving £6, 600 per annum rent, with three yearly reviews.
Tenant is currently holding over
\ - 39: Currently vacant, the previous £9, 000 per annum rent,
Available now, please call us for more information or to book a viewing.

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