119 Southampton Way, London, SE5

Fixed price

£400,000

Size

1,363

Tenure

Leasehold

EPC

Ask agent

Parking

Ask agent

Primary use
High street retail
Frontage
Ask agent

No floor / site plan

Description

Investment Consideration:
Gross Initial Yield: 5.99%
Rental Income: £23,975 p.a.
VAT is NOT applicable to this property
Comprises ground floor shop t/a Coral
Located in predominantly residential area with occupiers nearby including Costcutter, Post Office, Hair Dresser and more.

Property Description:
The property comprises ground floor shop t/a Coral and provides the following accommodation and dimensions:
Ground Floor: 126.60 sq m (1,363 sq ft)
Open plan retail, Office, Storage, WCs

Tenancy:
The property is at present let to Coral Racing Limited for a term of 16 years from 1st March 2011 at a current rent of £23,975.67 p.a. and the lease contains full repairing and insuring covenants. No breaks.

Tenure:
Long Leasehold. To be held on a new 999 Year lease from completion at a ground rent of peppercorn.

Location:
Camberwell is a densely populated suburb of South East London located in the London Borough of Southwark, approximately 3 miles south-east of Central London. The property is situated on the north side of Southampton Way at the junction with Wells Way. The area is served by the A2 to the north east, the A3 to the west and A202 Peckham Road to the south. Denmark Hill mainline station providing a direct line to London Blackfriars station with a train every 15 minutes.
Additional information
Service charge
Ask agent
Business rates
Ask agent
Use class
E
Listed building
Ask agent
Floors in building
1
Leasehold: 999 years left
Tenure
Leasehold
Length of lease
999 years left
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

Ask agent

Environmental data
BREEAM rating
Ask agent
Environmental description
Ask agent
Read more about energy considerations for commercial property

Brochure

119 Southampton Way, London, SE5

NEAREST STATIONS

National Rail

Denmark Hill Station

0.72 miles

National Rail

Peckham Rye Station

0.9 miles

London Underground

Kennington Station

1.12 miles

About BLUE ALPINE PARTNERS LIMITED, London

BLUE ALPINE PARTNERS LIMITED, London

Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.

Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can assess and manage your current portfolio to devise a forward-looking investment plan and, if necessary, an exit strategy.

We are dedicated to disrupting the commercial property industry by delivering exceptional solutions that prioritise honesty, transparency, integrity, and providing an unparalleled client experience. Our team consists of knowledgeable professionals with a strong background in commercial property, enabling us to help clients around the world turn property into a path for growth.

Together, we unlock potential.

Your search history

You have no recent searches

Disclaimer - Property reference camberwell2. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by BLUE ALPINE PARTNERS LIMITED, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.