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58a Camberwell Church Street, Camberwell, London SE5

For sale: £1,400,000.00|4899 Sq Ft

PROPERTY DETAILS

FOR SALE£1,400,000.00
SIZE4899 Sq Ft
ADDRESS58a Camberwell Church Street Camberwell Church Street, London, SE5 8QZ
TENUREFor Sale Freehold
POSTED ON26th July 2019

DESCRIPTION

A highly prominent unbroken freehold property, comprising restaurant and drinking establishment (A3 & A4 use) over ground and basement floors, with three self-contained 1 bedroom apartments above.

The basement (2,224 sqft) and the ground floor (922 sqft) are newly let to a Caribbean restaurant and bar for a fifteen year term, with no breaks, at a rent of £80,000 per annum. The tenant is in the process of undertaking considerable fit-out works to the unit. This is their second outlet, with a similar, well-established operation in Croydon. The first, second and third floors each comprise a self-contained 1 bedroom apartment, which all measure circa 580 sqft. The first floor unit is let on an Assured Shorthold Tenancy agreement at £1,500 PCM, the second floor unit is subject to a Regulated Tenancy at £6,292 PA, and the third floor flat is currently vacant having been recently refurbished.

LOCATION

Location: 58a Camberwell Church Street Camberwell Church Street, London, SE5 8QZ

Oval (1.2 miles)

Kennington (1.2 miles)

Brixton (1.4 miles)

Denmark Hill (0.4 miles)

Loughborough Junction (0.8 miles)

Peckham Rye (0.9 miles)

AGENT'S DETAILS

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