ATLAS RE LIMITED, Warwick

Brick Kiln One, Station Road, Lewisham, London

Offer in excess of

£1,520,000

Size

5,633

Tenure

Leasehold

EPC

Parking

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Primary use
Convenience store
Other use(s)
Shop
Frontage
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Building amenities

Additional costs may apply for some services – please check the full property description for more details.

  • Transport links
  • Well connected

Key features

  • Long income to KIKIMIUMIU LTD - 15 years from 3rd January 2025
  • Rent reviews are 5 yearly on the basis of RPI subject to collar or 2% and cap of 4%
  • Offers in excess of £1,520,000
  • Net initial yield (after standard purchaser's costs) of 7.75%

Description

New supermarket investment opportunity in prominent position close to Lewisham Railway and DLR stations
• 5,633 sq.ft ground floor retail unit
• Let to KIKI & MIUMIU LTD on an FRI lease (outside the Act) for a term of 15 years with effect from 3rd January 2025. Rent reviews are 5 yearly on the basis of RPI subject to a collar of 2% and cap of 4%
• The initial contracted rent is £125,000 per annum
• Offers are sought in excess of £1,520,000
• Net initial yield 7.75%, assuming costs of purchase of 6.13%
ATLAS RE LIMITED, Warwick

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Additional information
Service charge
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Business rates
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Use class
E
Listed building
No
Floors in building
1
Leasehold: 238 years left
Tenure
Leasehold
Length of lease
238 years left
Energy performance certificate: C

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

Read more about EPC requirements

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

Brochure

Brick Kiln One, Station Road, Lewisham, London

NEAREST STATIONS

National Rail
London DLR

Lewisham Station

0.08 miles

London DLR

Elverson Road Station

0.37 miles

National Rail

St. John's Station

0.56 miles

About ATLAS RE LIMITED, Warwick

ATLAS RE LIMITED, Warwick

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Disclaimer - Property reference Lewisham1. 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 ATLAS RE LIMITED, Warwick. 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.