Retail premises for sale in Rotherhithe Street, London SE16
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Property description
Prominent location in a highly densely populated residential catchment area of Rotherhithe.
Canada Water Station (tfl Zone 2) and Rotherhithe Station (tfl Zone 2) within circa 10 minutes walk.
The unit forms part of a new build development completed in 2018.
The property comprises of 4,110 sq ft (gia) over ground floor.
A new 999 year lease.
Let to Co-operative Group Food Ltd on an Fri lease with 10.7 years term certain.
Current Passing rent of £70,000 p.a (£17.03 psf)
5 yearly upward only rent reviews linked to the Consumer Price Index (1% & 3% cap and collar).
The vendor will top up to the October 2023 review equating to £81,149 p.a (£19.74 psf)
Co-operative Group Food Ltd are rated D&B 5A1.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Estate Office, NW8 on +44 20 7768 1786 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Estate Office, and do not constitute property particulars. Please contact Estate Office 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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