|Size||1,937 sq ft|
|Rent||£52,500 per annum exclusive, VAT is applicable|
|Business Rates||£15,000 per annum (based on rateable value of £31,250). We recommend any ingoing tenant make their own enquiries to the local authority on the exact costs payable per annum as we believe further reductions are possible|
|Service Charge||A general charge will be payable with costs to be confirmed|
|Energy Performance Rating||This property has been graded as C (62)|
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.
|Ground floor retail area||1,937 sq ft|
The retail premises provides a mainly open plan retail area although does currently have a security cashiers desk installed by the previous tenant separating the front of the premises. There is a small kitchen area as well as a WC to the rear. It is currently carpeted throughout with a suspended ceiling with installed lighting trays. The frontage is glazed on the curved frontage with internal electric shutters for added security. The property currently benefits from A1 and A2 uses although others would be considered subject to landlord consent.
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.