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The property is located on the southern side of Old Kent Road which is one of the main arterial roads (A2) which links Central London to South East London and sits between South Bermondsey, Peckham and New Cross Gate. The immediate location benefits from being within an established residential district of South East London with nearby retail operators including Aldi, Iceland, B&Q, Halfords and Asda Superstore.
Property DetailsTENUREThe property is available by way of an assignment of an existing lease which expires on 4th September 2024. The lease is contracted inside the Security of Tenure and Compensation provisions of the Landlord and Tenant Act 1954 as amended.PASSING RENT£29,250paxRATESWe have been advised by the Local Authority that the premises are currently exempt from paying business rates until 31st March 2021. For guidance purposes the current rateable value for the property is £25,000 Prospective tenants are advised to confirm any rating liability directly with the Local Authority.
777/787 OLD KENT ROAD,
TransportNew Cross GateLondon Overground
To be provided in due course.