Property Information
Address:
326 Walworth Road, Elephant And Castle, London
, SE17 2NA
, London
, United Kingdom
Price: Property no longer available.
Size: 791 sq ft73 sqm
Primary Category: Shop
All Categories:
Shop,
Property Ref/Movehut: MH661893
Property Ref/Agent: 1000705
*Please use the agent ref when calling the agent directly.
Property description
Description
The subject property consists of a ground-floor restaurant unit only. The property has been recently refurbished and is available on a lease assignment.
A3 COMMERCIAL ASSIGNMENT
Location
The property is prominently situated on Walworth Road and benefits from excellent transport links. Positioned close to the unit is Elephant & Castle, Kennington and Waterloo Station (0.1 miles) which offer access to Overground and Underground services. Walworth Road also gives access to various bus routes including: Oxford Circus, Euston, Lambeth and Shepherds Bush.
Size Notes
The premises benefits from the following approximate floor areas:
Ground Floor (Commercial) 73.52 sq m 791sq ft
Rent Description
£36,000 per annum exclusive.
Lease
The commercial demise is currently let of a 10-year lease from the 6th April 2020, with a current passing rent of £36,000 per annum., exclusive of VAT.
The lease has A3 permitted use and 5 yearly rent reviews, the next being in April 2025.
We are instructed to seek offers in the region of £70,000 for the premium. This will include the majority of high-quality fittings currently in the unit.
The commercial demise is currently let of a 10-year lease from the 6th April 2020, with a current passing rent of £36,000 per annum., exclusive of VAT.
The lease has A3 permitted use and 5 yearly rent reviews, the next being in April 2025.
We are instructed to seek offers in the region of £80,000 for the premium. This will include the majority of high-quality fittings currently in the unit.
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