ATLAS RE LIMITED, Warwick

River Mill One, Station Road, Lewisham, London

Offer in excess of

£1,445,000

Size

1,811 - 3,033

Tenure

Leasehold

EPC

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Parking

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Primary use
Restaurant
Other use(s)
Takeaway

Building amenities

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

  • Transport links
  • Well connected

Key features

  • Let to 2 tenants, Pret a Manger & Kiki & MiuMiu Lewisham Ltd (trading as Kimchi & Tofu)
  • 2 very prominent ground floor units
  • Kiki & MiuMiu Lewisham Ltd on 15 year lease from 4 August 2026 (break at 10) £60,000 pa
  • Pret a Manger (Europe) Ltd on 10 year lease from 22 September 2022 £55,000 pa and significant potential reversion September 2027.

Description

Two modern well configured food & beverage restaurant units in a prominent position close to Lewisham DLR, mainline railway and bus stations.

• Let to Pret a Manger (Europe) Limited and Kiki & MiuMiu Lewisham Limited (trading as Kimchi & Tofu) at a total passing rent of £115,000 per annum.

• Potential for significant reversion on the Pret a Manger unit open market review in September 2027.

• 1,811 sq.ft restaurant and bar let to Kiki & MiuMiu and 3,033 sq.ft to Pret a Manger.

• Offers are sought in excess of £1,445,000.
• Net initial yield 7.50%, assuming costs of purchase of 6.10%.
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
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Floors in building
1
Leasehold: 238 years left
Tenure
Leasehold
Length of lease
238 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

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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

River Mill One, Station Road, Lewisham, London

NEAREST STATIONS

National Rail
London DLR

Lewisham Station

0.03 miles

London DLR

Elverson Road Station

0.32 miles

National Rail

St. John's Station

0.5 miles

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Disclaimer - Property reference Pret. 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.