|Size||969 sq ft|
|Rent||£25,000 per annum exclusive, VAT is applicable|
|Business Rates||£6,945.50 (based on rateable value of £14,500). We recommend any ingoing tenant make their own enquiries to the local authority on the exact costs payable per annum|
|Service Charge||A general charge will be payable with costs to be confirmed|
|Energy Performance Rating||Upon enquiry|
Situated in a prominent location on the junction with Rye Lane, Copeland Road and Heaton Road within a mixed use development . Queens Road is approximately half a mile away to the north and the south circular is around 2.5 miles away to the south into Forest Hill. The local areas is made up of a mixture of national retailers such as ASDA, Tesco, Ladbrokes, The Money Shop as well as individual businesses and sole traders. It’s a busy high street that links to Peckham Rye Station on the Overground line that leads to Clapham Junction.
The area is also a diverse mixture of residential and commercial properties and has the benefit of being serviced by a number of major bus routes.
|Split level retail area||969 sq ft|
The retail premises is recently vacated and provides a mainly open plan split level retail area. There is a small kitchen area as well as a WC. A small storeroom off of the main area is also included. It is currently carpeted throughout with covered strip lighting on the ceiling. The frontage is part glazed with an electric shutter for added security. The property currently benefits from A1 and A2 uses although others would be considered subject to landlord consent. VAT is applicable
A new proportional FRI lease is available for a terms to be agreed.
Each party to bear their own legal costs incurred in this transaction. The prospective tenant is to give an undertaking through their solicitors prior to the commencement of legal formalities for any abortive legal costs should they withdraw from the transaction.