Basement Premises in South London For Sale

Located in a prime location of CENTRAL LONDON within walking distance of River & the OXO tower restaurant. The basement is situated, amongst the media district with the likes of Hello Magazine & ITV studios being at arm's reach and the BFI Imax cinema & Kings College also being around 5 minutes walk from Waterloo East Station.

Price £5,000

Features

Basement Premises (previously Trading As A Beauty Salon & Photographic Studio)

PREMISES 747.3ft² (69.43M²)

The premises have approximately 1,000 sq. ft. worth of floor space including a kitchen area, fully operational.

W.c. & storage space

We understand that the basement was previously used as a photo studio but has now been renovated to create additional space to cater for customers' & clients.

Tenure

The private landlord owns the freehold and subject to satisfactory references is prepared to grant a new lease granted for 6 years in 2021 with reviews every 3 years (next review 2024) at an initial rent of £15,000 p.a. plus VAT for the first year, increasing to £25,000 p.a. plus VAT for the second and third years, with a rent review at that time.

Price

PREMIUM REQUIRED FOR THE LEASE £5,000 subject to contract.