The Crosse, Crimscott St, London, SE1
£460.01 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
5,326 sq ft
495 sq m
- SECTOR
Convenience store for sale
- USE CLASSUse class orders: A1 Shops
A1
Key features
- 999 year Leasehold supermarket investment
- Prominent corner position 5,326 sq.ft. (494.8m2) convenience foodstore arranged over ground floor only
- Ground floor unit let to Co-Op from June 2022 for 15 years at a passing rent of £130,000.
- Rent is reviewed every 5 years based on CPI compound annual indexed uplifts (1% - 3% p.a.).
- Located in the London Borough of Southwark and the SE1 postcode
Description
999 year leasehold supermarket investment.
Newly built development c.2021 on the Crosse & Blackwell factory consisting of 406 apartments.
Prominent corner position 5,326 sq.ft. (494.8m2) convenience foodstore arranged over ground floor only.
Highly affluent Zone 2 location of Bermondsey, London
Location Description
The subject property is situated on Crimscott Street in Bermondsey
Located in the London Borough of Southwark and the SE1 postcode
Zone 2 Location with Several stations within close distance
Tenancy & Additional Notes
Ground floor unit let to Co-Op from June 2022 for 15 years at a passing rent of £130,000.
Rent is reviewed every 5 years based on CPI compound annual indexed uplifts (1% - 3% p.a.).
Undoubted covenant of Co-operative Group Food. UK's fifth biggest food retailer with more than 2,500 stores within the UK.
The Crosse, Crimscott St, London, SE1
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bermondsey Station0.6 miles
- London Bridge Station0.8 miles
- Borough Station0.8 miles
About Prideview Group, Middlesex
Prideview Place, 43 Church Road Stanmore HA7 4AA
The Prideview Group is one of the leading consultancies in the UK commercial property investment market, having been established in 1985.
We act for private investors from all walks of life and all over the globe, offering a seamless, in-house acquisition, disposal, advisory and management service. We host regular investment seminars for private buyers and are widely known as the Home of the Blue-Chip Investor.
We work closely with numerous propcos, traders, agents and vendors bot
Notes
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