The unit consists of 1,189 sqft of space (GIA). The unit is currently being used as restaurant/takeaway. There is currently seating area at the front of the property with the kitchen behind it and the storage area is towards the back of the unit. To the rear there is a rear garden that the commercial unit has the benefit of using. Their landlord is willing to give a new lease to a new tenant on the same terms as the current tenant is on. The rent of £38,000 per annum is below market rent for this space.
We are seeking premium offers for the benefit of the new lease at the current rent as well as the fixtures and fittigs (including a large cold room and all cooking equipment).
Location
The unit is located in the heart of Rye Lane, one of the most vibrant areas in South london, with numerous galleries, bars and restauranty in the local vicinity. The area is seeing a huge change with commercial operators seeing Peckham as an up and coming area that is seeing considerable grwoth. Queens Road and Peckham Rye stations are both near by whilst the unit is also serviced by numerous bus routes
Accommodation
Ground Floor - 1,189 sq ft (110 sq m)
Terms
TERMS - New FRI lease available.
RENT - £38,000 PAX
RATES PAYABLE - Interested parties should make their own enquiries with the VOA.
VAT - Not VAT elected
SERVICE CHARGE - To be confirmed.
EPC - Available upon request.
Specification
- Roller Shutters
- Rear Garden
- Cold Room
- Full Extraction System
- Customer Seating Area
- New lease available at current erms
- Rent - £38,000 PAX
- Premium OIRO £75,000