Retail premises for sale in High Street, London SE20
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Property description
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 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: Currently achieving £6,600 per annum rent, with three yearly reviews. Tenant is currently holding over
- 39: Currently achieving £9,000 per annum rent, three yearly rent reviews 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.
For more information about this property, please contact
Eaton Green, SE5 on +44 20 3641 8703 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Eaton Green, and do not constitute property particulars. Please contact Eaton Green 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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