90 Corbidge Court, Glaisher Street, London, Greater London, SE8 3ET

  • Greenwich Riverside Development
  • Long leasehold investment
  • Let to same tenant since 2010
  • A3 Catering Use - Established coffee shop operator
  • For The Long Leasehold

Description

The premises currently trade as a coffee shop under an A3 catering licence having outside seating and forecourt parking. The current tenant has been in occupation since inception of the lease. The tenant occupies the premises under a sublease from July 2010 for a term of 20 years at a low passing rent of £10,000 per annum, subject to 4 yearly reviews. The lease contains no break clauses and is within the 1954 Landlord and Tenant Act. The tenant is responsible for Insurance and service charges by way of reimbursement to the landlord. THE PROPERTY IS TO BE SOLD SUBJECT TO THE EXISTING TENANCY. The property is held on a lease from 25 December 1998 for a term of 99 years at a ground rent of £120 pa.

Location

The premises form part of the Fairview Housing Development built some 25 years ago and is within a small development of retail and office units on the edge of the river and the new pedestrian bridge over the creek. There is a pedestrianised walkway along the river frontage through to central Greenwich which takes approximately 10 minutes where there is the Southern region and DLR railway stations.