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122-124 High St 1,370 SF of Assignment Available in London SE20 7EZ
ASSIGNMENT HIGHLIGHTS
- Good frontage
- Situated in busy South East London suburb
- Well positioned on high street
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,370 SF | May 2042 | $50.91 CAD/SF/YR $4.24 CAD/SF/MO $69,747 CAD/YR $5,812 CAD/MO | Fully Repairing & Insuring |
Ground
Restaurant Lease Available The property is held on a 20 year full repairing and insuring lease from 27th May 2022, subject to 5 yearly rent reviews. There is a tenant break option in May 2032 and 2037. Premium offers invited for an assignment of the lease with the benefit of the fixtures and fittings.
- Use Class: E
- Assignment space available from current tenant
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Lease assignment
- Tenant break options in May 2032 and 2037
- Storage on first floor
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
SELECT TENANTS AT 122-124 HIGH ST, LONDON, LND SE20 7EZ
- TENANT
- DESCRIPTION
- UK LOCATIONS
- REACH
- Cash Converters
- Consumer Electronics
- 157
- National
- German Doner Kebab
- Accommodation and Food Services
- 1
- -
| TENANT | DESCRIPTION | UK LOCATIONS | REACH |
| Cash Converters | Consumer Electronics | 157 | National |
| German Doner Kebab | Accommodation and Food Services | 1 | - |
PROPERTY FACTS
| Total Space Available | 1,370 SF | Gross Leasable Area | 1,370 SF |
| Property Type | Retail | Year Built | 1940 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 1,370 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 1,370 SF |
| Year Built | 1940 |
ABOUT THE PROPERTY
Penge is a busy South East London suburb and a major thoroughfare between Beckenham and Crystal Palace. The subject property is prominently situated on the High Street, where nearby traders include Poundland, McDonalds, Costa Coffee and KFC.
- Security System
- Storage Space
Presented by
122-124 High St
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