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Goodsir Commercial

Goodsir Commercial

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    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 ftsq m
    Ground Floor30027.9
    Basement45842.5

    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.

    All data ©2021 Completely Property Technology Limited

    Goodsir Commercial

    Goodsir Commercial

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