Supermarket Miezko, Unit 2-4 Norwich House, Streatham High Road (A23) London SW16 1DS

Supermarket Miezko, Unit 2-4 Norwich House,
Streatham High Road (A23)
London
SW16 1DS

London Supermarket Investment

Let to Mieszko Food City Limited until 2032 (no breaks)
Tenants operates 9 Supermarkets across London, Watford, Swindon, and Gravesend.
Significant Retail Frontage to Busy A23
Approximately 525.46 sq m (5,656 sq ft)
Popular South-West London Suburb
Neighbouring Occupiers include Tesco, Nando's, Poundland, PureGym, Virgin Active, ODEON and an Eclectic Mix of Local Retailers

Lot
11
Auction
9th July 2024
Rent
£118,500 per Annum Exclusive
Status
Withdrawn Prior
Price
Auction Venue
Live Streamed Auction

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London Supermarket Investment

Let to Mieszko Food City Limited until 2032 (no breaks)
Tenants operates 9 Supermarkets across London, Watford, Swindon, and Gravesend.
Significant Retail Frontage to Busy A23
Approximately 525.46 sq m (5,656 sq ft)
Popular South-West London Suburb
Neighbouring Occupiers include Tesco, Nando's, Poundland, PureGym, Virgin Active, ODEON and an Eclectic Mix of Local Retailers

Lot 11
Auction 9th July 2024
Rent £118,500 per Annum Exclusive
Status Withdrawn Prior
Price
Sector
Supermarket/Convenience
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 2 miles south of Brixton, 3 miles south-west of Dulwich Village, 10 miles south-west of Central London
Roads: A23 (Streatham High Road), South Circular Road
Rail: Streatham Hill Station, Balham and Tooting Bec Underground Stations
Air: London Heathrow & London Gatwick Airports

Situation

Streatham is a busy residential suburb in south-west London, approximately 5 miles from central London. The property is prominently situated on the northern side of Streatham High Road, approximately 150m from Streatham Hill Railway Station. Neighbouring occupiers include Tesco, Nando's, Poundland, PureGym, Virgin Active, ODEON and an eclectic mix of local retailers.

Tenure

Long Leasehold. For for a term of 250 years from 01/01/2015 at a current rent reserved of £300 per annum exclusive.

Location

Miles: 2 miles south of Brixton, 3 miles south-west of Dulwich Village, 10 miles south-west of Central London
Roads: A23 (Streatham High Road), South Circular Road
Rail: Streatham Hill Station, Balham and Tooting Bec Underground Stations
Air: London Heathrow & London Gatwick Airports

Situation

Tenure

Long Leasehold. For for a term of 250 years from 01/01/2015 at a current rent reserved of £300 per annum exclusive.

Description

The property comprises a substantial ground floor supermarket and benefits from significant retail frontage to Streatham High Road.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a substantial ground floor supermarket and benefits from significant retail frontage to Streatham High Road.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m (1)	Floor Areas Approx sq ft (1)	Tenant	Term	Rent p.a.x.	Reversion
Ground	Supermarket	525.46	(5,656)	MIESZKO FOOD CITY LIMITED (CRN: 07963809) (2)	15 years from 02/02/2017	£118,500	01/02/2032
Total Approximate Floor Area		525.46	(5,656)			£118,500

(1) The above floor areas have been taken from the Valuation Office Agency (https://www.gov.uk/find-business-rates)
(2) Mieszko Food City Limited (CRN: 07963809) were incorporated in 2012 and currently operate from 9 stores, mainly across Greater London (www.mieszko.co.uk)

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.