The premises comprise a ground floor retail unit of approximately 1,000 sq ft having a valuable A3 restaurant use, together with a self-contained 3 bedroom flat on the first and second floors.
The property formerly traded as a dry cleaners for over 30 years but would suit a variety of other trades.
There are kitchen and W.C. facilities plus a small courtyard.
The self-contained upper parts comprise 3 bedrooms, lounge, kitchen, bathroom/W.C. and an additional W.C.
( Agency Pilot Software Ref: 638 )
Location
The building occupies a prominent location at the southern end of Rye Lane close to its junction with Sternhall Lane and Heaton Road and forms part of a busy retail parade. Rye Lane is a good mix of local and national operators, including Asda, McDonalds, Argos and Boots. The area is well served by public transport, numerous bus routes passing directly by and Peckham Rye Railway station being close by.
Accommodation
Commercial space: approx. 1,000 sq ft
Rear courtyard
Residential accommodation as listed above
Terms
Business Rates: Interested parties are advised to make their own enquiries to the Local Authority being the London Borough of Southwark.
Terms: The property is to be let on a new effectively full repairing and insuring lease for a term to be agreed incorporating periodic rent reviews.
Deposit: A deposit of up to 6 months rent may be required, subject to status.
Reference Fee: Upon acceptance of offer and prior to documentation being circulated, the ingoing tenants will be required to make a non-refundable contribution of £XXX + VAT in respect of referencing.
VAT: We understand VAT is not payable.
Legal Fees: Each party to bear their own legal costs.