Property Information
Address:
Unit 2, 191-199 Southampton Way, Camberwell, London
, SE5 7EJ
, London
, United Kingdom
Price: Property no longer available.
Size: 6500 sq ft604 sqm
Primary Category: Investment
All Categories:
Investment,
Property Ref/Movehut: MH657958
Property Ref/Agent: 29427
*Please use the agent ref when calling the agent directly.
Property description
An opportunity to purchase a blue chip investment property in Camberwell. The property comprises c. 6,500 sqft of accommodation which is split over ground and first floors and is occupied by PureGym. The property is owned as a virtual freehold with 990 years unexpired, and is currently let to PureGym for a term of 15 years from July 2019 with a tenant only break at year 10. The current passing rent is £85,000 + VAT per annum and is subject to a fixed 10% increase in 2024 to £93,500 + VAT per annum, and then another fixed increase in 2029 to £102,850 + VAT per annum.
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