Retail premises for sale in High Street, London SE20

£500,000
Interested in this property? Call +44 20 8128 5069 * or Request Details

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Retail premises for sale

Property description

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.

Property info

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For more information about this property, please contact
Hunter Realty, NW4 on +44 20 8128 5069 * (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 Hunter Realty, and do not constitute property particulars. Please contact Hunter Realty 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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