Brockley Road, London

An opportunity to acquire a substantial commercial property of 3,900 sq ft/ 362 m2 situated in SE London, sold on a new 999 year lease on a peppercorn rent.

The property is currently occupied by Co-op National providing an established rental income from a nationally recognised tenant.

Investment Highlights

3,900 sq ft commercial premises
Prominent location on Brockey Road, SE4 2RA (B218)
Let to Co-op National since 2017
Established retail tenant
Current rent pre review: £72,568pa
Revised rent from October 31st 2026 (second five yearly review) forecast £83,000
Potential gross yield 6.6%

Location:

The property occupies a well established position in Brockley, within the London Borough of Lewisham. The surrounding area is predominantly residential, providing the store with an established local customer base, while Brockley benefits from strong transport connections across South East London and into Central London.

Tenancy:

The property is sold subject to the existing tenancy to Co-op.

Lease dated 17/02/17 started on 31/10/16 with 15 year term to 30/10/31.
Break passed.
Tenants have right to renew for a further fifteen years (October 2046) on same terms with rent reviewed from next month’s review.
Full Repairing and Insuring (FRI)

Service charge on ad hoc basis, full details provided in legal pack. Full lease documentation, tenancy information, EPC and further property details can be made available to interested parties on request.
Viewings strictly by appointment.

Property reference: IATA37895