Goodsir Commercial

25 Electric Avenue

25 Electric Avenue,, Brixton
London, SW9 8JP

Use Class E(a)

758 sq ft

£39,000

Use Class

E(a)

Size

758 sq ft

Rent pa

£39,000

Marketed by Goodsir Commercial

Last updated 29/11/2017

PRIME SHOP TO LET ON ELECTRIC AVENUE - PREMIUM OIRO £60,000

Key Points

 Premium ORIO £60,000
 Prime Electric Avenue pitch
 Visible from both street ends
 High footfall location
 Less than 200m from Brixton Underground
 Near Brixton Village and Pop Brixton
 A1 use
 Secured metal shutter

The property comprises a retail shop (A1) arranged over ground and basement floors. The unit currently operates as a butchers with an open metal shutter frontage and the landlord is potentially willing to strip the unit to shell and core condition, remove the existing tenant's fitting's.

Located less than 200m from Brixton Station, the property is situated in a prime location on the vibrant and busy shopping parade of Electric Avenue. Electric Avenue has undergone significant regeneration over the past few years with a number of high end residential developments being completed there As a result, Electric Avenue's retail provision starting to improve,
and now sits in close proximity to various bars and restaurants. The unit also benefits from clear visibility from both ends of Electric Avenue. The improvement of Brixton's retail and leisure provision has driven occupier demand with, notably, the recent letting of 12 Electric Avenue to Size.

Use Class

A1

Tenure

Leasehold

Viewing

Strictly by appointment.

Accommodation

Accommodation details below:

Areas

	sq ft	sq m
Ground Floor	300	27.9
Basement	458	42.5

Financial

Lease Type

Existing Lease

Lease Term

Premium OIRO £60,000 for the leasehold interest. The property is available by way of an assignment of an existing lease expiring January 2026 at a passing rent of £39,000
per annum exclusive with an upcoming rent review in January 2021

Legal

Each party to be responsible for their
own legal costs.

Costs

Each party is responsible for their own legal and other professional costs incurred in the transaction.

Service Charge

To be confirmed

Sustainability

Energy Performance Certificate Information

Available upon request

Last Updated

29/11/2017

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.