Property Information
Address:
90 Corbidge Court, Glaisher Street, London, Greater London
, SE8 3ET
, Greater London
, United Kingdom
Price: Property no longer available.
Size: SOA
Primary Category: Investment
All Categories:
Investment,
Property Ref/Movehut: MH633383
Property Ref/Agent: 618
*Please use the agent ref when calling the agent directly.
Property 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.
Greenwich Riverside Development
Long leasehold investment
Let to same tenant since 2010
A3 Catering Use - Established coffee shop operator
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