Central London Retail/Restaurant Investment
Central London Retail/Restaurant Investment
The historic and fashionable Central London district of Borough is located immediately south of the City of London via London Bridge and is home to one of London’s historic markets, now regenerated to a fashionable food market. The property is prominently situated on the west side of the busy Borough High Street close to its junction with Borough Road and Newington Causeway. Borough is also home to the iconic Shard Tower, Western Europe’s tallest building and Kings College London. The location benefits from being approximately 250 metres from London’s South Bank University.
Long Leasehold. Held from Berkeley College Hornes Limited for a term of 150 years from 27th September 2000 at a peppercorn rent
The historic and fashionable Central London district of Borough is located immediately south of the City of London via London Bridge and is home to one of London’s historic markets, now regenerated to a fashionable food market. The property is prominently situated on the west side of the busy Borough High Street close to its junction with Borough Road and Newington Causeway. Borough is also home to the iconic Shard Tower, Western Europe’s tallest building and Kings College London. The location benefits from being approximately 250 metres from London’s South Bank University.
Long Leasehold. Held from Berkeley College Hornes Limited for a term of 150 years from 27th September 2000 at a peppercorn rent
The property comprises a ground floor restaurant which forms part of a larger student residential accommodation building.
VAT is applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises a ground floor restaurant which forms part of a larger student residential accommodation building.
VAT is applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
| Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | Reviews | |
|---|---|---|---|---|---|---|---|
| Ground |
Restaurant | 162.88 sq m |
(1,753 sq ft) |
NOBODIES BUSINESS LIMITED (with personal surety) (1) |
20 years from 02/06/2014 until 2034 on a full repairing and insuring lease |
£69,000 (1) | 02/06/2019 & five yearly |
| Totals | 162.88 sq m |
(1,753 sq ft) |
£69,000 | ||||
(1) The lease also provides for a rent free period for the first 3 months until 2nd September 2014. The seller will pay the buyer the rent that would have been due in the absence of the rent free period.
By clicking the Submit button I confirm that I would like to get updates on this Property. Please email me updates when they are published.
If you have a query, please fill in the box below, otherwise click the Submit button.
We will keep you updated about lot xthis property.
In the meantime, if you would like to speak to the Surveyor about this property, please call on .
Are you sure you want to remove this property from your Watch List?
Are you sure you are no longer interested in this property?
Are you sure you want to delete your Account?
