- FREEHOLD INVESTMENT LEASE OUTSIDE THE L &T ACT 1954
- SHOP AND UPPER PART GROUND FLOOR 1180 SQ FT
- BASEMENT STORAGE RESIDENTIAL POTENTIAL ABOVE
- PRIME LOCATION IN MARKET AREA REAR ACCESS/PARKING
- Freehold
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A freehold shop and upper part together with a large rear extension and access for deliveries/parking. The floor above presently has no access and therefore not able to be inspected. We are led to believe there are 2 rooms on this level with low head room. The entire building is let on a 12 year lease outside the provisions of the Landlord & Tenant Act 1954, from 12th August 2014 expiring 11th August 2026 at a rent of £14,640 pa without further review. We are told the current tenant has occupied since 2002 Successfully trading as a Bakery and coffee shop Ground floor approx. 1180 sq ft + Basement Rear access for deliveries/parking Potential to create residential upper part (currently not accessible and therefore not inspected) Prime location in the busy open market area. Low rent with margin for substantial uplift.
Situated close to the junction with Reginald Sq and off Deptford Broadway in one of the most active parts of the High St within the area of the Open Market. There is an eclectic mix of trades supporting the surrounding densely populated residential area.