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Listing ID: HSFd506a868

Convenience store for sale in The Crosse, Crimscott St, London, SE1

PRIDEVIEW AGENCY LLP

a month ago

Price: £2,450,000

SE1 , Southwark , London

  • Commercial
  • Commercial

Features

Description

Property Description
999 year leasehold supermarket investment.
Newly built development c.2021 on the Crosse & Blackwell factory consisting of 406 apartments.
Prominent corner position 5,326 sq.ft. (494.8m2) convenience foodstore arranged over ground floor only.
Highly affluent Zone 2 location of Bermondsey, London
Location Description
The subject property is situated on Crimscott Street in Bermondsey
Located in the London Borough of Southwark and the SE1 postcode
Zone 2 Location with Several stations within close distance
Tenancy & Additional Notes
Ground floor unit let to Co-Op from June 2022 for 15 years at a passing rent of £130,000.
Rent is reviewed every 5 years based on CPI compound annual indexed uplifts (1% - 3% p.a.).
Undoubted covenant of Co-operative Group Food. UK's fifth biggest food retailer with more than 2,500 stores within the UK.

Location On The Map

SE1 , Southwark , London