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126B Lower Road, Surrey Quays Station

London, SE16 2PP

Overview

Size

205 sq ft

Availability

Under Offer

Details

Description

The subject unit is located in a prominent position on the exit of the station. It is the only retail unit within the Overground station. The unit has been stripped out and is in a good condition. The unit has a roller shutter for security. There is water but no possibility of drainage within the unit.

Location

Surrey Quays is a largely residential area of Rotherhithe in south-east London, located on the Overground. The nearest London Underground station is Canada Water on the Jubilee line. The main retail is located within Surrey Quays Shopping Centre which has over 40 stores including Tesco, 1,300 parking spaces and a food court. Footfall at Surrey Quays station in 2017 was 5.58 million.

Financial

Rent

Rent payable to be in excess of £16,000 per annum, net of VAT. The rent will be exclusive of rates and service charge.

Lease Term

The unit is available by way of a new 6 year lease contracted outside of the Landlord and Tenant Act 1954 and is subject to a 6 month rolling Landlord break, incorporating a rent review in Year 3.

Rates

Rateable Value (2017) - £11,750 Rates Payable (2017/18) - £5,640 Interested parties are advised to check with the local council with regard to business rates.

Contacts

Agents

Cushman & Wakefield

Alice Hershman

020 7152 5798

Email agent

Transport for London

Company Representative

Email agent

Cushman & Wakefield

Michael Soetan

7766133130

Email agent

Misrepresentation Notice
All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.