£500,000
Retail premises for saleHigh Street, London SE20
About this property
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.
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.
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