Property photos
Just added
Freehold
£500,000
Retail premises for sale
High Street, London SE201 bath
Local area information
Property location
Nearby amenities
- Harris Primary Academy Crystal Palace 0.1 miles
- Penge West 0.1 miles
- St John's Church of England Primary School 0.2 miles
- Penge East 0.2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
Investment opportunity
Three shops adjacent to each other located on Penge High Street within a quarter of a mile of Penge East and Penge West railway stations. All shops are tenanted and will be sold together on a long leasehold. Please note the flats above are not included. Sublease terms for the units are as follows:
- 35: Currently achieving £10,000 per annum rent, five yearly rent reviews with the next rent review due in 2025. Ten year sublease from 2020
- 37: Currently achieving £6,600 per annum rent, with three yearly reviews. Tenant is currently holding over
- 39: Currently achieving £9,000 per annum rent, three yearly rent reviews with the next rent review due in 2023. Ten year sublease from 2018
Available now, call office for more information or to book a private viewing.
Three shops adjacent to each other located on Penge High Street within a quarter of a mile of Penge East and Penge West railway stations. All shops are tenanted and will be sold together on a long leasehold. Please note the flats above are not included. Sublease terms for the units are as follows:
- 35: Currently achieving £10,000 per annum rent, five yearly rent reviews with the next rent review due in 2025. Ten year sublease from 2020
- 37: Currently achieving £6,600 per annum rent, with three yearly reviews. Tenant is currently holding over
- 39: Currently achieving £9,000 per annum rent, three yearly rent reviews with the next rent review due in 2023. Ten year sublease from 2018
Available now, call office for more information or to book a private viewing.
Floor plans and tours
Floor plans (3)
More information
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