Colomb Street, London

An opportunity to acquire a freehold commercial investment in SE London, currently trading as a restaurant and fully let on a 15 year commercial lease.

The property is arranged over ground and first floors, comprising a ground floor restaurant of approximately 797 sq ft, together with approximately 861 sq ft of ancillary storage at first floor level.

The property extends to approximately 1,658 sq ft / 154.15 sq m in total and is offered at a guide price of £410,000, reflecting a yield of 8.3%.

Investment Highlights

Freehold commercial investment

Long established trading record for both restaurant and takeaway

Established Greenwich location

Currently trading as a restaurant and takeaway. Fully let at £34,000 a year on a 15 year lease to 24/03/2041. No breaks. Rent review at open market 25/03/2030, then every 3 years to term.

Full repairing and insuring obligations

The property is offered for sale subject to the existing tenancy.

Location

The property is situated in Greenwich, South East London, within an established commercial and residential area benefiting from a substantial local catchment.

The location benefits from good connectivity to Central London and the wider South East London area.

Lease documentation, tenancy information, EPC and further property information can be made available to interested parties on request.

Viewings strictly by appointment.

Property reference: IATA37960