£650,000
(£1,065.57/sq. ft)
Retail premises for saleThe Cut, London SE1
From 610 - 755 sq. ft
EPC Rating: D
Under offer
About this property
This retail unit has recently been tenanted (25-11-24), on a 15 year lease with 5 year rent reviews, with the existing tenant (Buns from Home Ltd), currently at paying £45000 per annum.
The Cut has recently been semi pedestrainised and provides an array of shops, bars, restaurants and theatres, located 1 minute from Southwark station and 3 minutes from Waterloo, in this most central destination in SE1.
Service Charge: 40% of total outgoings (Building insurance & maintenance, no communal utility bills)
Ground Rent: Nil
Service charge: Approximately £1200 for year ending 2025,40% of buildings total outgoings.
Tenure: Leasehold - 984 years unexpired (Share of Freehold 50%)
Price: £650,000 (subject to contract)
The Cut has recently been semi pedestrainised and provides an array of shops, bars, restaurants and theatres, located 1 minute from Southwark station and 3 minutes from Waterloo, in this most central destination in SE1.
Service Charge: 40% of total outgoings (Building insurance & maintenance, no communal utility bills)
Ground Rent: Nil
Service charge: Approximately £1200 for year ending 2025,40% of buildings total outgoings.
Tenure: Leasehold - 984 years unexpired (Share of Freehold 50%)
Price: £650,000 (subject to contract)
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£3,251 per month
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