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Retail/Shop For Sale, London

Retail/Shop in London
Retail/Shop in London
Retail/Shop in London
Retail/Shop in London
£285,000 Freehold

132 Tanner Street, London, SE1 2HG

Type Retail/Shop
Status Check Availability
Size 664 sq ft

Key Features

  • Virtual Freehold 999 years, the headlease commenced in February 2020
  • Passing rent of £22,000 per annum
  • The whole property is occupied on a single lease, outside of the Act, expiring 2043
  • Guaranteed rental increase through stepped rent mechanism and 5 yearly rent reviews

Property Details

An Income Producing Virtual Freehold Investment Opportunity, Situated On Tanner Street Se1, In A Residential Area Within A Small Parade Of Independent Retailers. The Premises Comprise Ground Floor And Basement Retail Space, Occupied By An Independent Operator. The Existing Lease Has 2 Years Unexpired; The Tenant Has Signed A New 15 Year Reversionary Lease, Without Break Clauses, Representing An Attractive, Long-term Investment. This Lease Is Subject To An Open Market Rent Review At Commencement And Subsequent Reviews Every 5th Year, Linked To Rpi (collar 2%, Cap 5% Per Annum, Compounded).
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Strettons
Retail/Shop For Sale, London
£285,000 Freehold

132 Tanner Street, London, SE1 2HG

Retail/Shop · Check Availability · 664 sq ft

Property ID: 153248

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Strettons

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Strettons
Strettons

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