Property experts since 1886

Description

A large lock up retail unit, with the residential element having been sold off on long leases (one has approx. 59 years remaining and the other has 149 years remailing) and subject to the lease in place to “Pets Corner” being an assignment to expire May 2038, with no break clauses and 5 yearly rent reviews (next being 2028) at a passing rent of £56,000pax.
The unit is one of the larger in Blackheath and comprises a retail area with additional stores, office, kitchen and W.C facilities.

Pets corner turnover for year end September 2023 was £90m + and profits before tax of £9.3m.

Key Points

• £875,000
• Highly Visible Location
• Located In Highly Regarded, Affluent Town
• Strong Covenant Strength
• Long Lease Remaining
• Kitchen and W.C Facilities

These particulars are believed to be correct, but their accuracy is not guaranteed and they do not constitute an offer or form any part of any contract. Hindwoods and its employees have no authority to make any representation or give any warranty in relation to this property.

Location

Nearest Stations

• Blackheath Rail Station 0.09 mi
• Kidbrooke Rail Station 0.88 mi
• Lewisham DLR Station 0.95 mi
• Lewisham Rail Station 0.99 mi
• Maze Hill Rail Station 1.10 mi

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