Retail premises for sale in 32 Deptford High Street, London SE8

£400,000 (£338.98/sq. ft)
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Retail premises for sale

110 sq. m*

Property features

  • Freehold investment lease outside the L &T act 1954
  • Shop and upper part ground floor 1180 sq ft
  • Basement storage residential potential above
  • Prime location in market area rear access/parking

Property description

A freehold shop and upper part together with a large rear extension and access for deliveries/parking. The floor above presently has no access and therefore not able to be inspected. We are led to believe there are 2 rooms on this level with low head room. The entire building is let on a 12 year lease outside the provisions of the Landlord & Tenant Act 1954, from 12th August 2014 expiring 11th August 2026 at a rent of £14,640 pa without further review.

We are told the current tenant has occupied since 2002
Successfully trading as a Bakery and coffee shop
Ground floor approx. 1180 sq ft + Basement
Rear access for deliveries/parking
Potential to create residential upper part (currently not accessible and therefore not inspected)
Prime location in the busy open market area.
Low rent with margin for substantial uplift.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
John Payne Commercial, SE3 on +44 20 8033 8552 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by John Payne Commercial, and do not constitute property particulars. Please contact John Payne Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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