261 RYE LANE, PECKHAM, LONDON, SE15 4UR
RETAIL PREMISES TO LET – OTHER USES CONSIDERED SUBJECT TO PLANNING 266.35 SQ. M. (2,867 SQ. FT.) Location The property is situated in a prominent location on the eastern side of Rye Lane within a development by Copeland Road. Neighbouring occupiers include a mixture of national retailers such as ASDA, Tesco, Ladbrokes, The Money Shop as well as local businesses and restaurants. Peckham Rye overground station is located within walking distance of the property with the “Ginger Line” providing convenient routes to Central London. Numerous buses also serve the locality
Description The premises comprise an open plan retail area with tiled flooring, ceiling mounted strip lighting throughout and a W/C ready for tenant Cat B fit out. The property benefits from access from both the front and rear for loading and parking. The glazed frontages are protected by electric security shutters. Accommodation The property has the following approximate gross internal area: Ground floor Retail
266.35 sq m (2,867 sq ft)
Terms A new proportional FRI lease is available for a term to be agreed. Rent £67,500 per annum exclusive VAT VAT will be applicable. Planning We understand the property may be used for A1 retail purposes. However, the ingoing tenant must make their own enquiries of the planning authority to ensure that the proposed use is permissible prior to entering into any form of contract. EPC The unit currently has an energy rating of ‘C’. The full EPC is available to download at www.hindwoods.co.uk Rates The property is entered in the 2017 valuation list with a rateable value of £29,500. For further information on business rates including relief which could be applicable, visit www.gov.uk/calculate-your-business-rates. Legal Costs Each party to bear their own legal costs incurred in this transaction. The prospective tenant is to give an undertaking through their solicitors prior to the commencement of legal formalities for any abortive legal costs should they withdraw from the transaction. Viewing Strictly by prior arrangement with sole joint agents Hindwoods, 020 8858 9303. Katie Hoggarth:
[email protected] CG5598