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Agent's details

Blue-chip Supermarket Investment

For sale: POA|5,326 Sq Ft|General Retail, Retail

Property details

FOR SALEPOA
SIZE5,326 Sq Ft
ADDRESSThe Crosse, Crimscott St, Bermondsey, SE1 5ZW
TYPEGeneral Retail, Retail
TENUREFor Sale Leasehold
POSTED ON27th November 2023

Description

■ 999 year leasehold supermarket investment.
■ Newly built development c.2021 on the Crosse & Blackwell factory consisting of 406 apartments.
■ Well located just off Tower Bridge Road, also accessible by bus and rail, the property is located in a dense residential location.
■ Highly affluent Zone 2 location of Bermondsey, London
■ Prominent corner position 5,326 sq.ft. (494.8m2) convenience foodstore arranged over ground floor only.
■ Let to Co-Operative on 15-year lease from June 2021.
■ Current passing rent of £130,000 p.a.
■ Rent is reviewed every 5 years based on CPI compound annual indexed uplifts (1% - 3% p.a.).

Location

marker
Location: The Crosse, Crimscott St, Bermondsey, SE1 5ZW

Bermondsey (0.6 miles)

London Bridge (0.7 miles)

Borough (0.8 miles)

London Bridge (0.7 miles)

South Bermondsey (0.8 miles)

Elephant & Castle (1.0 miles)

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