Call the team on 020 7625 9007 for more information
A Commercial Investment Producing £13,000 per annum
The property comprises a ground floor takeaway restaurant (A5 use) with a lower ground floor office situated within an end of terrace building arranged over lower ground, ground and three upper floors.
Leasehold. The property is held on a 125 year lease from 22nd November 2007 (thus approximately 113 years unexpired)
The property is situated in the South East London area of Tulse Hill amongst the shops and amenities of Norwood Road. Nearby multiples include The Co-operative Food, Ladbrokes and numerous local established traders. Transport links are provided by Tulse Hill rail station.
Ground Floor Shop Area (A5 Use) Kitchen G.I.A = 34.90 sq m (376 sq ft) Lower Ground Floor Office Rooms Separate WC G.I.A = 21.66 sq m (233 sq ft)
The property is let on an FRI Lease for a term of 20 years commencing 26th November 2007 (no break clause) at a rent of £3,250 quarterly. 5 yearly reviews.
Current Rent Reserved
Current Rent Reserved £13,000 per annum
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Administration Charge - Purchasers will be required to pay an administration fee of £1,200 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.