Executive Summary
- Ground floor commercial unit let for £12,000 per annum on a 10-year lease
- Approximately 26.5 square metres (285 square feet) over ground floor only
- To be sold subject to the existing tenancy with a new 999-year lease
- Offers are invited in excess of £160,000, subject to contract
Location
The property is situated on the east side of Coldharbour Lane, in the heart of Camberwell, SE5. Denmark Hill station, which provides a regular service into London Bridge via the London Overground, Thameslink and Southeastern lines is 0.4 miles away. The busy center of Camberwell High Street is 0.2 miles away and nearby occupiers include Nandos, Subway and a number of independent shops, cafes and restaurants. The junction of Camberwell Green (0.3 miles) links routes east to west from Oval to Peckham, and north to south from Elephant and Castle to Brixton. The area is also very well served by multiple bus routes.
Please note all times and distances given are approximate only.
Description
A ground floor commercial unit measuring approximately 26.5 square metres (285 square feet). The property is currently used as a beauticians and has recently been fitted out by the tenant.
Please note that the sizes given are approximate only and have been provided by the landlord. All interested parties are advised to rely on their own inspection and survey.
Tenancy
The property is occupied by a way of a 10-year lease from December 2023 with a current passing rent of £12,000 per annum exclusive. There are RPI linked rent review in December 2027 and December 2031. There is a £4,000 deposit held.
Terms
Offers are invited in excess of £160,000. To be sold subject to the existing tenancy with a new 999-year lease.
Tenure
To be sold subject to the existing tenancy with a new 999-year lease.
VAT
We understand that the property has not been elected for VAT.
Viewings
Viewings are strictly by appointment through Harston&Co.
