£285,000
Retail premises for sale
Property photos
From
£285,000
(£429.22/sq. ft)
Retail premises for sale
132 Tanner Street, London SE1Local area information
Property location
Nearby amenities
- Tower Bridge Primary School 0.1 miles
- St Joseph's Roman Catholic Primary School 0.2 miles
- St Katharine's Pier 0.4 miles
- Bermondsey 0.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Tower Bridge, Tower Hamlets and Tower Hill to find out more about the local area.
Features and description
- Freehold
- Virtual Freehold 999 years, the headlease commenced in February 2020
- Passing rent of £22,000 per annum
- The whole property is occupied on a single lease, outside of the Act, expiring 2043
- Guaranteed rental increase through stepped rent mechanism and 5 yearly rent reviews
- Peppercorn ground rent
- Close proximity to London Bridge Station and Bermondsey stations
- Estimated Rates Payable: £9435
An income producing virtual freehold investment opportunity, situated on Tanner Street SE1, in a residential area within a small parade of independent retailers. The premises comprise ground floor and basement retail space, occupied by an independent operator. The existing lease has 2 years unexpired; the tenant has signed a new 15 year reversionary lease, without break clauses, representing an attractive, long-term investment. This lease is subject to an open market rent review at commencement and subsequent reviews every 5th year, linked to rpi (collar 2%, cap 5% per annum, compounded).
Location
The property is in a prime location on Tanner Street, close to Maltby Street Market, Bermondsey Street and Bermondsey Square. The surrounding area offers a mix of office and residential environment, with a wealth of independent coffee shops, cafes, restaurants and bars nearby. It is within close walking distance of London Bridge and Bermondsey stations, offering excellent connections via National Rail and the Northern and Jubilee lines.
Floor plans and tours
Floor plans (2)
2 floor plans available
View the floor plans to understand the space and layout of this property.
More information
Listed by
Strettons Commercial & Industrial Agency
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Property descriptions and related information displayed on this page are marketing materials provided by - Strettons Commercial & Industrial Agency. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Strettons Commercial & Industrial Agency for full details and further information.