223-229 Rye Lane, Peckham, London, SE15 4NL

A mid terrace double fronted shop/office premises, currently arranged as four rooms on the ground floor, with a first floor kitchen and WC. Previously used as a solicitor’s office and advice centre. The premises are situated on the Southern end of Rye Lane (A2215), between Nigel Road and Sternhall Lane. Location The premises are situated on Rye Lane (A2215) close to its junction with Heaton Road and Copeland Road. Peckham Rye mainline railway station is within walking distance, which provides services into Central London. There are also various buses serving the area located on Rye Lane and Peckham Rye. There is a public pay and display car park to the rear of the premises accessed from Copeland Road. Various amenities can be found close by on Rye Lane and Peckham High Street. Description The premises comprise self-contained first and second floor offices with a lift with male and female WCs located on landings. The first floor is currently partitioned to provide a main reception area, various meeting/interview rooms, offices and a kitchen/staff room. The second floor is also divided into various offices, computer and storage rooms. Accommodation The property has the following approximate net internal areas: First Floor 302.40 sq. m. (3,255 sq. ft.) Second Floor 302.40 sq. m. (3,255 sq. ft.) Total 604.80 sq. m. (6,510 sq. ft.) Features The property benefits from a passenger lift, electric heating/cooling system, some gas fired central heating, category 5 cabling, burglar alarm (red care) and good natural light from 3 aspects. Terms A sub-lease is available for the remaining term of the lease, which expires in 2012, with no further rent reviews until expiry. Planning Any ingoing tenant must make their own enquiries of the Planning Authority to ensure that their proposed use is permissible prior to entering into any form of contract. Rent £12.50 per square foot (overall). Service Charge We understand that the current service charge is approximately £400 per quarter. Legal Costs The ingoing tenant is to be responsible for all parties’ legal costs. VAT Please note that VAT may be applicable in respect of rent and other charges. Rates We have been advised that the both floors have a rateable value of £23,500. The standard business rate multiplier for 2007/8 is XXX in the £. Viewing Strictly by prior arrangement with the lessee’s sole agents Hindwoods Hunter Payne.