32 Montpelier Vale, Blackheath, Greenwich, SE3 0TA

Description
A large lock up retail unit, with the residential element having been sold off on long leases (one has approx. 59 years remaining and the other has 149 years remailing) and subject to the lease in place to “Pets Corner” being an assignment to expire May 2038, with no break clauses and 5 yearly rent reviews (next being 2028) at a passing rent of £56,000pax.
The unit is one of the larger in Blackheath and comprises a retail area with additional stores, office, kitchen and W.C facilities.

Pets corner turnover for year end September 2023 was £90m + and profits before tax of £9.3m.

Location
The subject premises are located on the Eastern side of Montpelier Vale (B212), virtually at its junction with Montpelier Row.
Blackheath is a popular, affluent area, with a good mix of national strength and independent retailers and restaurants, including Morrisons daily, Cooks, Oddbins, Greggs, Pizza Express and The Ivy Café.
Blackheath Station provides fast (12 mins to London Bridge) and direct access into London. There are numerous bus routes that serve the area and both the A20 and A2 are within a couple of miles.

Viewings
Strictly by prior arrangement with sole agents on :

Ben Lewis
b.

Terms
Freehold purchase