RETAIL
417, Brixton Road Brixton SW9 8HE
EXISTING LEASE AVAILABLE
LOCATION The premises front Brixton Road which provides the main shopping thoroughfare. Immediately adjoining O2 and Three, whilst opposite Marks & Spencer, Costa and Superdrug, just a few doors away from Brixton Underground Station. ACCOMMODATION The premises benefit from the following approximate net internal floor areas:Ground Floor: Basement:
99.26 m² 180.80 m²
(1,068 ft²) (1,946 ft²)
LEASE An existing 10 year full repairing and insuring term to expire 24th June 2023. There is a review and tenant break option June 2018. RENT £160,000 per annum exclusive. SERVICE CHARGE & INSURANCE The annual service charge is £18,003 and insurance is £1,617. TERMS Nil premium or offers for new leases will be provided to the landlord to secure an early surrender. RATES According to the Valuation Office website the premises are assessed as follows:Rateable Value:
£151,000.
For verification purposes, interested parties are advised to make their own enquiries on www.voa.gov.uk LEGAL COSTS Each party to bear their own costs incurred in any transaction. VAT All figures within these terms are exclusive of VAT where applicable. EPC A certificate rated ‘D’ is available on request. VIEWING & FURTHER INFORMATION Staff are unaware of any disposal proposals so all enquiries strictly via: Stuart Williams - (
[email protected]) or Bridget Hardwick - (
[email protected]) or Steve Cullis (
[email protected]) at this office.
SUBJECT TO CONTRACT
JULY 2017