LOCATION

The retail unit is situated in a prominent position on Peckham High Street adjacent to Burger King, which is adjacent to the entrance to Lidl’s car park. The property is close the Library and benefits from
excellent transport links with numerous bus routes and Peckham Rye railway station nearby.

Occupiers in the vicinity include Burger King, Subway, Costa, J.D Wetherspoons, NatWest, Nando’s, Specsavers and Lidl.

ACCOMODATION

The premises comprise of a large double fronted ground floor retail unit with a smaller mezzanine/first floor area (see plan).

 

Ground floor area (approx.): 1,630 sq.ft
Mezzanine area (approx.): 179 sq.ft
Total area (approx.): 1,809 sq.ft


RENTAL

The passing rent is £28,300 pax however this is subject to an outstanding rent review from March 2020 (details on request).


TENURE

The property is held on a 10-year lease due to expire on 31st March 2025 (inside the ‘Act). Available by way of Assignment – Offers Invited

The property is categorised as Sui Generis or class A2 of the Town & Country Planning (Use Classes) Order 1987


RATES PAYABLE

We understand from the Local Rating Authority that the current rateable value for the property is £29,250.00.


TERMS

Each party to bear their own legal costs.