Freehold Retail Investment
Freehold Retail Investment
The property is situated in a prominent position on the western side of the pedestrianised High Street, close to its junction with Lee High Road. The property is situated 40 metres from an entrance to Lewisham Shopping Centre which houses retailers including Marks & Spencer, TK Maxx, BHS, H & M, Next, New Look and Boots Chemist. Other nearby occupiers include Vodafone, Barclays Bank, Subway and Greggs.
Freehold.
The property is situated in a prominent position on the western side of the pedestrianised High Street, close to its junction with Lee High Road. The property is situated 40 metres from an entrance to Lewisham Shopping Centre which houses retailers including Marks & Spencer, TK Maxx, BHS, H & M, Next, New Look and Boots Chemist. Other nearby occupiers include Vodafone, Barclays Bank, Subway and Greggs.
Freehold.
The property comprises a ground floor retail unit with office/storage accommodation on the first and second floors and a third floor attic area which is currently unuseable.
VAT is not applicable to this lot.
The EPC will be available to view online in the solicitor’s legal pack.
The property comprises a ground floor retail unit with office/storage accommodation on the first and second floors and a third floor attic area which is currently unuseable.
VAT is not 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 First Second Third |
Retail Office/Storage Office |
118.64 sq m 48.62 sq m 21.34 sq m |
(1,277 sq ft) (523 sq ft) (230 sq ft) |
RAL LIMITED (1)(t/a Quicksilver) | 16 years and 17 days from 29/05/2012 until 14/06/2028 on a full repairing and insuring lease |
£44,500 |
29/05/2017and29/05/2022 |
| Totals | 188.60 sq m |
(2,030 sq ft) |
£44,500 | ||||
(1) As of 19th January 2012, RAL Ltd have a Dun & Bradstreet Rating of 4A1, showing minimum risk. RAL Limited is a subsidiary of TalariusLtd. Talarius Ltd operate in excess of 200 gaming venues in the UK and are licensed by the UK Gambling Commission. They are the leading and largest gaming centre operator in the UK, with decades of experience and an unsurpassed track record in the gaming industry. (Source: www.quicksilver.co.uk 06/06/2012)
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