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Tesco Express, Lewisham, Greater London

262-274 High Street, Lewisham, London, SE13 6JX

Basic Facts

Property ID: 3542 Post Updated: 2019-06-24 10:41:45
Status: Type:
Tenure: Freehold Gross Rent: £ 65,068
Lease Term: 20 years from Jan 2011

Property Description

  • Freehold blue-chip convenience store investment and residential ground rent in Greater London.
  • The property comprises a modern, mixed use residential and retail development.
  • On the ground floor there is a lock up retail unit with excellent frontage on to Lewisham High Street and Whitburn Road.
  • The upper floors comprise a new build block of 40 residential apartments, known as Axis House, sold off on long leases.

Location Description

  • The property fronts Lewisham High Street at the junction with Whitburn Road.
  • It is situated approximately 1/3rd mile south of Lewisham town centre which is home to numerous multiple retailers.
  • The local area comprises a mixture of residential and commercial property.
  • University Hospital (Lewisham) is located in the near vicinity to the south.
  • Ladywell mainline station is the closest station, 300m to the west, and Lewisham mainline and DLR station lies approx. 5 minutes walk to the south.

Features

£1m - £5m
Blue-chip tenant
Finance available
Freehold
Large plot
Lease term > 15 years
Minimum Rental Uplifts
Prime location

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