Penge is a busy South East London suburb and a major thoroughfare between Beckenham and Crystal Palace.
The subject property is prominently situated on the High Street, where nearby traders include Poundland, McDonalds, Costa Coffee and KFC.
Available
Internal Width
29ft / 8.8m
Shop Depth
72ft / 21.9m
Ground Floor Sales
1,370sqft / 127sqm
First Floor Storage
860sqft / 80sqm
LEASE
The property is held on a 20 year full repairing and insuring lease from 27th May 2022, subject to 5 yearly rent reviews. There is a tenant break option in May 2032 and 2037.
RENT
£37,500 per annum.
TENURE
Premium offers invited for an assignment of the lease with the benefit of the fixtures and fittings.
RATES
The property is assessed for rates as follows:
Rateable Value £31,750
Rates Payable (24/25) £15,843
Rateable Value £31,750
Rates Payable (24/25) £15,843
Viewing
To be arranged through JP RETAIL.
