205 Rye Lane, Peckham, London, SE15 4TP
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- To be offered on Wednesday 25 November
- High Yielding Retail Investment
- Let to Private Individual t/a Wang Jia Supermarket
- 15 Year Lease Expiring 19.07.2027
- Asset Management Potential Via Renewal
- Prominent High Footfall Pitch
- 659 sq ft (61.2 sq m)
- VAT-Free Investment
- Investment Let at £24,000 p.a. (12.63% GIY on Guide Price)
Description
StrapLine
Auction Sale - 24/11/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions websiteHigh Yielding Retail Investment Occupying a Prominent High Footfall Pitch
Ground Floor Retail Unit Let on a 15 Year Lease Expiring 19.07.2027 - Asset Management Via Renewal
Investment Let at £24,000 per annum
Description
The property comprises a high yielding retail investment occupying a prominent high footfall pitch.
Arranged across ground floor only, the property comprises a retail unit with a frontage to Rye Lane let to a Private Individual t/a Wang Jia Supermarket on a 15 year lease expiring 19.07.2027 and paying £24,000 per annum.
We consider the property offers asset management potential via renewal of the lease and improvement of rent.
The property occupies a prominent pitch fronting Rye Lane, a high footfall street forming part of the principal retail amenity in Peckham. The area benefits from low levels of vacancy with Peckham Rye station approx 0.2 miles to the north.
205 Rye Lane, Peckham, London, SE15 4TP
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Peckham Rye Station0.2 miles
- Queens Road Peckham Station0.6 miles
- Nunhead Station0.6 miles
Notes
Disclaimer - Property reference 246-26355. 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 Savills Auctions, London. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Savills Auctions, London on 020 3909 6715.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”