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Anytime Fitness, Acre Lane, Brixton, London

£2,935,000

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Size

11,410

Tenure

Leasehold

EPC

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Parking

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Primary use: Other leisure
Other use(s): Healthcare

No floor / site plan

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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
Air conditioning
Gym

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Key features

◆ Extensive frontage to Acre Lane (A2217)
◆ Total Gross Internal Area of 11,410 sq. ft. (1,060.03 sq.m.)
◆ Let to Brixton Fitness Limited on a 15-year lease from 16/11/23

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Description

Highly prominent South London gym investment
◆ Extensive frontage to Acre Lane (A2217)
◆ Total Gross Internal Area of 11,410 sq. ft. (1,060.03 sq.m.)
◆ Let to Brixton Fitness Limited on a 15-year lease from 16th November 2023, with no break option
◆ Lease subject to five yearly rent reviews to the higher of open market or RPI, collared and capped at 2% and 4% per annum compounded
◆ Rent of £250,000 per annum (low average of £21.91 per sq. ft overall)
◆ Long leasehold 250 years from 22 February 2017 at a peppercorn rent
PROPOSAL
We are instructed to seek offers in excess of £2,935,000 subject to contract and exclusive of VAT. A purchase at this level reflects a net initial yield of 8.00%, subject to purchaser’s costs of 6.45%.

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Additional information

Service charge: Ask agent
Business rates: Ask agent
Use class: E
Year renovated: 2023
Listed building: Ask agent
Floors in building: 2

Leasehold: 241 years left

Tenure: Leasehold

Length of lease: 241 years left

Energy performance certificate: Ask agent

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

Brochure

Anytime Fitness, Acre Lane, Brixton, London

NEAREST STATIONS

Brixton Underground Station

0.18 miles

Brixton Station

0.24 miles

Clapham North Station

0.6 miles

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Disclaimer - Property reference Brixton1. 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.

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Anytime Fitness, Acre Lane, Brixton, London

11,410

Leasehold

Building amenities

Key features

Description

Brochure

Anytime Fitness, Acre Lane, Brixton, London

Your search history

Anytime Fitness, Acre Lane, Brixton, London

11,410

Leasehold

Building amenities

Key features

Description

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