Property photos
Just added
£1,225,000
Retail premises for sale
Unit 2, 191-199 Southampton Way, Camberwell, London SE5Local area information
Property location
Nearby amenities
- St George's Church of England Primary School 0.1 miles
- The Charter School East Dulwich 0.1 miles
- Denmark Hill 0.7 miles
- Peckham Rye 0.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Camberwell, Peckham and Denmark Hill to find out more about the local area.
Features and description
- Commercial property let to Pure Gym for sale
- Property measures c.6,500 sqft over ground & first floors
- 15 year lease from July 2019
- Current passing rent of £93,500 & fixed increase in 2029 to £102,850
- Pure Gym largest privately owned Gym Group in UK
- Guide price: £1.225M (7.63% gross return)
Description
An opportunity to purchase a blue-chip investment property located on the borders of Peckham and Camberwell in South East London.
The property comprises c. 6,500 sqft of accommodation which is split over ground and first floors and is occupied by Pure Gym who are the largest privately owned gym operator in the United Kingdom.
The property is owned on a virtual freehold basis with 986 years unexpired and is currently let to PureGym for a term of 15 years from July 2019 (Expiry July 2034) with a tenant only break at year 10 (July 2029). The current passing rent is £93,500 + VAT per annum and is subject to a fixed 10% increase in 2029 to £102,850 + VAT per annum.
Commercial property let to Pure Gym for sale
Property measures c.6,500 sqft over ground & first floors
15 year lease from July 2019
Current passing rent of £93,500 & fixed increase in 2029 to £102,850
Pure Gym largest privately owned Gym Group in UK
Guide price: £1.225M (7.63% gross return)
An opportunity to purchase a blue-chip investment property located on the borders of Peckham and Camberwell in South East London.
The property comprises c. 6,500 sqft of accommodation which is split over ground and first floors and is occupied by Pure Gym who are the largest privately owned gym operator in the United Kingdom.
The property is owned on a virtual freehold basis with 986 years unexpired and is currently let to PureGym for a term of 15 years from July 2019 (Expiry July 2034) with a tenant only break at year 10 (July 2029). The current passing rent is £93,500 + VAT per annum and is subject to a fixed 10% increase in 2029 to £102,850 + VAT per annum.
Commercial property let to Pure Gym for sale
Property measures c.6,500 sqft over ground & first floors
15 year lease from July 2019
Current passing rent of £93,500 & fixed increase in 2029 to £102,850
Pure Gym largest privately owned Gym Group in UK
Guide price: £1.225M (7.63% gross return)
More information
Listed by
Acorn - Bromley Commercial
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