Summary
| Property Type | Retail |
| Tenure | For Sale |
| Size | 5,656 sq ft |
| Price | Offers in the region of £1,400,000 |
| Rates Payable | TBC |
| Service Charge | TBC |
- Close Proximity to the Streatham Hill National Rail Station
- Kitchenette
- WC Facilities
- Large Frontage
About
The available accommodation is a self-contained large commercial unit located in the mixed-use development of Norwich House. It boasts a prominent location in the Streatham area, a spacious shopfront, a WC facility, and a kitchenette. The asset is tenanted for a further 8 years to a retail operator (Mieszko Food City Limited - 07963809 ) trading as a Polish supermarket. The current passing rent is £118,500 per annum. A purchase at the asking price of £1.4 million, will reflect a gross yield of 8.46%.
Accommodation
| Name | sq ft | sq m |
| Ground | 5,656 | 525.46 |
Location
The property is conveniently situated on the North side of Streatham High Road. It offers excellent accessibility, being just a short 4-minute walk to Streatham Hill station. From this well-connected station, you can effortlessly reach various prominent destinations, including West Croydon, London Victoria, and London Bridge.
Mainline Stations
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Streatham Hill2 mins
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Streatham15 mins
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Tulse Hill19 mins
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West Norwood21 mins
Underground Station
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Streatham Hill3 mins
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Streatham15 mins
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Tulse Hill19 mins
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West Norwood21 mins
Further Information
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Viewings
Strictly by appointment only.
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Terms
Long Leasehold of 250 Years from 2015 (249 years unexpiring)
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Tenancy Details
Passing Rent: £118,500 per annum
Lease Lenght: 15-Year Lease from 2 February 2017 (8 years unexpired) -
VAT
Applicable
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Building Insurance
TBC
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Legal Costs
Each party to bear their own costs.
Gallery
