FREEHOLD RETAIL INVESTMENT FOR SALE 37 SYDENHAM ROAD ...
FREEHOLD RETAIL INVESTMENT FOR SALE *PRODUCING AN INCOME OF £15,000 PER ANNUM EXCLUSIVE*
PRIME COMMERCIAL THOROUGHFARE
37 SYDENHAM ROAD (A212) SYDENHAM, LONDON SE26 5EX Henry Adams (Horsham) LLP 50 Carfax, Horsham, West Sussex RH12 1BP 01403 282519 [email protected] henryadams.co.uk Residential / Commercial / Rural / Development / Auctions Robert Crawford Clarke BSc AGRIC MRICS Howard Ball MNAEA MARLA Consultant: Eddie Jenkinson BA (Hons) MRICS IRRV. Henry Adams (Horsham) LLP is a limited liability partnership which operates under licence and is independently owned. Registered in England and Wales No. OC339620. Registered office 50 Carfax, Horsham RH12 1BP. VAT No. 938 6934 67 Regulated by the RICS (Royal Institution of Chartered Surveyors)
LOCATION The property fronts a bustling main road location in Sydenham’s prime retail shopping area. Nearby multiple retailers include Snappy Snaps, Ladbrokes, Costcutter, Tesco’s Express, Lloyds Bank, Boots, Santander and Co-op Funeralcare. A location plan and street view can be viewed online through Google Street Maps by typing in the property’s postcode SE26 5EX. DESCRIPTION The property forms an attractive four storey mid-terraced building, comprising a retail unit over ground floor, let to Harvey & Thompson Limited (second-hand jewellers / pawn shop). The property benefits from an enclosed yard at the rear. The upper floors have been sold on a long leasehold basis. ACCOMMODATION (NIA) Ground Floor Gross Frontage Internal Width Shop Depth
17’6 (5.36m) 12’8 (3.90m) widening to 16’7 (5.09m) after 12’4 (3.77m) 35’8 (10.91m)
Sales area Rear storage WC and Wash Room Total Accommodation
535 sq ft (49.70 sq m) 115 sq ft (10.68 sq m) 650 sq ft (60.39 sq m)
LEASE TERMS Tenant
Tenancy
Rent
Rent Review Dates
Harvey & Thompson Ltd
Let on a 12 year FRI lease term from 1st February 2012
£15,000 pa
19th November 2020
Income
£15,000 pa
Harvey & Thompson are a nationwide retailer with a chain of shops across the UK, an overview of the company’s trading activities can be gained from their website page www.handt.co.uk TENURE Freehold interest, subject to the above tenancy. GUIDE PRICE £295,000 VAT We understand that the property is VAT exempt. VIEWING ARRANGEMENTS Whilst the premises may be informally inspected as a customer, we would ask all parties not to approach the tenant or staff members. Arrangements for thorough inspections can be made by appointment with joint sole selling agents Henry Adams Commercial and HNF Property
CONTACTS Henry Adams Commercial
HNF Property
Andrew Mark Algar
Chris Warnes
01403 282 519 | 07868 434 449
0208 681 2000
[email protected]
[email protected]
LOCATION MAPS – NOT TO SCALE
Agent’s Notice – We endeavour to make our particulars as accurate and reliable as possible. They are for guidance only and are intended to give a fair overall summary of the property. They do not form part of any contract or offer and should not be relied upon as a statement or representation of fact. Measurements, areas, plans and distances are approximate only. Photographs and computer generated images show only certain parts and aspects of the property at the time they were taken or created. Neither Henry Adams Horsham LLP nor any of its employees has any authority to make or give any representation or warranty whatsoever in relation to the property. No undertaking is given as to the structural condition of the property or any necessary consents or the operating ability or efficiency of any service system or appliance. Intending purchasers or lessees must satisfy themselves with regard to each of these points. Unless otherwise stated, all prices and rents are quoted exclusive of VAT. Any intending purchasers or lessees must satisfy themselves as to the incidence of VAT in respect of any transaction.
PRIME COMMERCIAL THOROUGHFARE
37 SYDENHAM ROAD (A212) SYDENHAM, LONDON SE26 5EX Henry Adams (Horsham) LLP 50 Carfax, Horsham, West Sussex RH12 1BP 01403 282519 [email protected] henryadams.co.uk Residential / Commercial / Rural / Development / Auctions Robert Crawford Clarke BSc AGRIC MRICS Howard Ball MNAEA MARLA Consultant: Eddie Jenkinson BA (Hons) MRICS IRRV. Henry Adams (Horsham) LLP is a limited liability partnership which operates under licence and is independently owned. Registered in England and Wales No. OC339620. Registered office 50 Carfax, Horsham RH12 1BP. VAT No. 938 6934 67 Regulated by the RICS (Royal Institution of Chartered Surveyors)
LOCATION The property fronts a bustling main road location in Sydenham’s prime retail shopping area. Nearby multiple retailers include Snappy Snaps, Ladbrokes, Costcutter, Tesco’s Express, Lloyds Bank, Boots, Santander and Co-op Funeralcare. A location plan and street view can be viewed online through Google Street Maps by typing in the property’s postcode SE26 5EX. DESCRIPTION The property forms an attractive four storey mid-terraced building, comprising a retail unit over ground floor, let to Harvey & Thompson Limited (second-hand jewellers / pawn shop). The property benefits from an enclosed yard at the rear. The upper floors have been sold on a long leasehold basis. ACCOMMODATION (NIA) Ground Floor Gross Frontage Internal Width Shop Depth
17’6 (5.36m) 12’8 (3.90m) widening to 16’7 (5.09m) after 12’4 (3.77m) 35’8 (10.91m)
Sales area Rear storage WC and Wash Room Total Accommodation
535 sq ft (49.70 sq m) 115 sq ft (10.68 sq m) 650 sq ft (60.39 sq m)
LEASE TERMS Tenant
Tenancy
Rent
Rent Review Dates
Harvey & Thompson Ltd
Let on a 12 year FRI lease term from 1st February 2012
£15,000 pa
19th November 2020
Income
£15,000 pa
Harvey & Thompson are a nationwide retailer with a chain of shops across the UK, an overview of the company’s trading activities can be gained from their website page www.handt.co.uk TENURE Freehold interest, subject to the above tenancy. GUIDE PRICE £295,000 VAT We understand that the property is VAT exempt. VIEWING ARRANGEMENTS Whilst the premises may be informally inspected as a customer, we would ask all parties not to approach the tenant or staff members. Arrangements for thorough inspections can be made by appointment with joint sole selling agents Henry Adams Commercial and HNF Property
CONTACTS Henry Adams Commercial
HNF Property
Andrew Mark Algar
Chris Warnes
01403 282 519 | 07868 434 449
0208 681 2000
[email protected]
[email protected]
LOCATION MAPS – NOT TO SCALE
Agent’s Notice – We endeavour to make our particulars as accurate and reliable as possible. They are for guidance only and are intended to give a fair overall summary of the property. They do not form part of any contract or offer and should not be relied upon as a statement or representation of fact. Measurements, areas, plans and distances are approximate only. Photographs and computer generated images show only certain parts and aspects of the property at the time they were taken or created. Neither Henry Adams Horsham LLP nor any of its employees has any authority to make or give any representation or warranty whatsoever in relation to the property. No undertaking is given as to the structural condition of the property or any necessary consents or the operating ability or efficiency of any service system or appliance. Intending purchasers or lessees must satisfy themselves with regard to each of these points. Unless otherwise stated, all prices and rents are quoted exclusive of VAT. Any intending purchasers or lessees must satisfy themselves as to the incidence of VAT in respect of any transaction.
