Trading as GlassesLab Opticians until 2036 (subject to option)(3)
2029 & 2034 Rent Reviews with increases to the greater of the Open Market Rent or In line with Retail Price Index.
Rent Deposit Held (3)
Prominent position on prime retailing thoroughfare
Affluent South East London location
Nearby occupiers include Holland & Barrett, Pret a Manger, Costa Coffee, Superdrug, Boots, Specsavers, Zizzi and Nationwide
Lot 20
Auction 10th July 2025
Rent £32,500 per Annum Exclusive Rising to £35,000pax in Dec 2025
Status Withdrawn Prior
Price
Sector Retail, High Street Retail
Auction Venue Live Streamed Auction
Property Information
Location
Miles
4 miles north-east of Croydon, 8 miles south-east of Central London
Roads
A21, A222, A234, A2015
Rail
Beckenham Junction, Clock House, Elmers End
Air
London City Airport, London Gatwick Airport, London Heathrow Airport
Situation
Beckenham is an attractive and prosperous commuter suburb within the London Borough of Bromley, located 8 miles south-east of Central London. The property is prominently situated on the west side of Beckenham's prime and busy retailing thoroughfare on the High Street (A222), with nearby retailers including Holland & Barrett, Pret a Manger, Costa Coffee, Superdrug, Boots, Specsavers, Zizzi and Nationwide.
Tenure
Virtual Freehold. Held for a term of 999 years from Completion of the Sale at a fixed peppercorn rent.
Location
Miles
4 miles north-east of Croydon, 8 miles south-east of Central London
Roads
A21, A222, A234, A2015
Rail
Beckenham Junction, Clock House, Elmers End
Air
London City Airport, London Gatwick Airport, London Heathrow Airport
Situation
Beckenham is an attractive and prosperous commuter suburb within the London Borough of Bromley, located 8 miles south-east of Central London. The property is prominently situated on the west side of Beckenham's prime and busy retailing thoroughfare on the High Street (A222), with nearby retailers including Holland & Barrett, Pret a Manger, Costa Coffee, Superdrug, Boots, Specsavers, Zizzi and Nationwide.
Tenure
Virtual Freehold. Held for a term of 999 years from Completion of the Sale at a fixed peppercorn rent.
Description
The property comprises a self contained ground floor retail unit.
VAT
VAT is applicable to this lot.
Note
5 adjoining shops are being offered for sale separately as Lots 3, 18, 25, 34 and 36.
EPC
Band E.
Description
The property comprises a self contained ground floor retail unit.
VAT
VAT is applicable to this lot.
Note
5 adjoining shops are being offered for sale separately as Lots 3, 18, 25, 34 and 36.
EPC
Band E.
Tenancy & Accommodation
Unit
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Rent Reviews (Reversion)
129
Retail
62.15
(669)
THE GLASSES LAB LTD (CRN: 08679424) t/a Glasseslab Opticians (2)
12 years from 05/12/2024 (3)
£32,500
05/12/2029 05/12/2034 Rent Review increases to the greater of the Open Market Rent or In line with Retail Price Index. (04/12/2036)
Total Approximate Floor Area
62.15
(669) (1)
£32,500 Rising to £35,000 pax on 05/12/2025
(1)The floor areas stated above are those published by the Valuation Office Agency (https://www.tax.service.gov.uk/business-rates-find/valuations/start/165371072). (2) Glaseslab Opticians provide private & NHS eye tests, advanced oct eye health scans, contact lenses and children's myopia management. Further information can be found at https://www.glasseslab.co.uk/. (3) A rent deposit of £10,500 is held by the Landlord. The lease provides a tenant option to determine on 05/12/2027 and 05/12/2030.
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.
