180 Rye Ln | London SE15 4NF
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180 Rye Ln
London SE15 4NF
Retail Property For Sale
Investment Highlights
- The property is situated on the southern end of Rye Lane
- It has great transport links provided by the national rail and overground station
- Predominantly a shopping district, with a busy local market
Executive Summary
The property forms part of a larger terrace, providing ground-floor retail and ancillary accommodation.
It benefits from 5 metres of frontage onto the high street, electronic shutters, concrete floors, and rear yard space.
A new lease, producing £45,000 per annum, was granted in November 2021 for a term of 10 years, outside of the Landlord and Tenant Act of 1954, subject to an upward-only review in year 5.
250-year leasehold (Peppercorn ground rent)
It benefits from 5 metres of frontage onto the high street, electronic shutters, concrete floors, and rear yard space.
A new lease, producing £45,000 per annum, was granted in November 2021 for a term of 10 years, outside of the Landlord and Tenant Act of 1954, subject to an upward-only review in year 5.
250-year leasehold (Peppercorn ground rent)
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Storefront Retail/Residential
Building Size
3,751 SF
Building Class
B
Year Built/Renovated
1900/2012
Price
$823,911
Price Per SF
$220
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.09 AC
Frontage
25 FT on Rye Lane
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