Commercial Investment London SE18 £340,000
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Property Types
Auction date: Thu, 26/05/2022 - 11:00
Forming part of a town centre building comprising a Large Ground Floor Retail Unit divided into 20 smaller retail units (14 of which are currently let) together with a Basement divided into a number of individual store rooms used by the ground floor tenants. The property is let on a full repairing and insuring lease (by way of service charge) to The Upper Corner Limited t/a Woolwich Market (the tenant has advised they operate 4 other markets) for a term of 15 years from 21st October 2020 at a current rent of £25,000 per annum exclusive rising to £50,000 per annum on 20th January 2024.
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woolwich
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se18
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