180 Rye Lane Peckham London SE15 4NF

180 Rye Lane
Peckham
London
SE15 4NF

  • 180 Rye Lane<br>Peckham<br>London<br>SE15 4NF

Retail Unit in Popular South-East London Location

  • Let to The Chartwell Cancer Trust until 2031 (subject to option)
  • Excellent retail position on Peckham's prime retail thoroughfare
  • Substantial Retail unit extending to some 287.96 sq. m. (3,099 sq. ft.)
  • VAT-free investment
  • Within a 5 minute walk of Peckham Rye Railway Station
  • Positive amount of residential development occurring in the area
  • Nearby occupiers include Asda, Tesco Express, Anytime Fitness and UCKG Help Centre
  • Lot
    20
  • Auction
    18/May/2022
  • Rent
    £45,000 per Annum
  • Status
    Archive
  • Price*
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
Important Update
  • Expand
  • Photos
  • Map

* More information on the term "price" can be found here

Property Information

Location
Miles
3 miles south of Central London, 3 miles from East Dulwich, 2.5 miles from Greenwich
Roads
A202, A2, A205 South Circular Road, M25 (Junction 2)
Rail
Peckham Rye Railway Station and Queens Road, Peckham Railway Station
Air
City Airport, London Heathrow, London Gatwick
Situation

The property is situated in a prominent position on the western side of Rye Lane. Rye Lane is the primary retail thoroughfare in Peckham with occupiers including Asda, McDonald's, Santander and a wide range of local specialised retailers.

Tenure

Long Leasehold. Held from Viridian Housing for a term of 125 years from 2nd October 2012 at a fixed peppercorn rent per annum.

Location
Miles
3 miles south of Central London, 3 miles from East Dulwich, 2.5 miles from Greenwich
Roads
A202, A2, A205 South Circular Road, M25 (Junction 2)
Rail
Peckham Rye Railway Station and Queens Road, Peckham Railway Station
Air
City Airport, London Heathrow, London Gatwick
Situation

The property is situated in a prominent position on the western side of Rye Lane. Rye Lane is the primary retail thoroughfare in Peckham with occupiers including Asda, McDonald's, Santander and a wide range of local specialised retailers.

Tenure

Long Leasehold. Held from Viridian Housing for a term of 125 years from 2nd October 2012 at a fixed peppercorn rent per annum.

Description

The property forms part of a larger terrace on the eastern side of Rye Lane and provides ground floor retail and ancillary accommodation. The property also benefits from rear loading from the Asda car park accessed via Alpha Street.

VAT

VAT is not applicable to this lot.

Completion Period

6 Week Completion Available.

EPC

Available within the Legal Pack.

Description

The property forms part of a larger terrace on the eastern side of Rye Lane and provides ground floor retail and ancillary accommodation. The property also benefits from rear loading from the Asda car park accessed via Alpha Street.

VAT

VAT is not applicable to this lot.

Completion Period

6 Week Completion Available.

EPC

Available within the Legal Pack.

Tenancy & Accommodation

Floor Use Floor Areas
Approx sq m
Floor Areas
Approx sq ft
Tenant Term Rent p.a.x. Rent Review
Ground Retail
287.96
(3,099)
The Chartwell Cancer Trust (1) 10 years from 26th November 2021 until 25th November 2031 (2) (3)
£45,000
26th November 2026
Total  
287.96
(3,099) (4)
   
£45,000
 

(1) Further information on The Chartwell Cancer Trust can be found here: https://chartwellcancertrust.co.uk/
(2) The tenant benefits from an option to determine on the 5th anniversary of the term, on providing no less than 6 months' prior written notice.
(3) As to the occupational lease, the lease is outside the Security of Tenure provisions of the Landlord & Tenant Act 1954.
(4) The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk)

If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Property Documents

  • Brochure
    Updated Date
    03.05.22
    File Size
    3 MB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
Jon SkerryJon Skerry +44 (0)20 7034 4863 +44 (0)7736 300 594jon.skerry@acuitus.co.uk
Alexander AuteracAlexander Auterac +44 (0)20 7034 4859 +44 (0)7713 135 034alexander.auterac@acuitus.co.uk
Seller's Solicitors
Dollman and Pritchard 8 The Square
Caterham
CR3 6XS
John Tsoukkas 01883 347 823jt@dollman.co.uk  Lorna Pearce 01883 347823LP@dollman.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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