Retail for sale

2 Merrow Street

Ground Floor Retail Investment

New 999 Year Lease

Let to Harvey and Thompson Limited (Trading as H & T Pawnbroakers)

Attractive 7.07% Yield

2 Merrow Street, London, United Kingdom, Walworth, SE17 2NJ

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The property is well located at the western end of Merrow Street, close to the junction with Walworth Road, a busy retail thoroughfare in the London Borough of Southwark. Nearby occupiers include Marks and Spencer, Argos, Holland and Barrett and an Iceland supermarket.
Local authority: London Borough of Southwark

Units & floor plans

Floor Size
Ground
355
32.98

* All sizes NIA

Find out more information about this building's development and technical spec.

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Transport

Tube

Elephant & Castle

Further information

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Tenancy schedule
Tenant NIA (sq ft) Rent (p.a.) Start date Next review Comments
Harvey & Thompson...More355£9,00021/11/201221/11/201715 year lease fro...More
Covenant schedule
Tenant Turnover Pre-tax profit Comments
Harvey & Thompson...More£89,200,000£6,800,000Experian Credit R...More
VAT

To Be Confirmed

EPC

Available on request

Property marketed by:

27 Phipp Street, London EC2A 4NP
020 7749 1041
Copping Joyce
17137 dc2bb0ab b72c 44f2 bc1b 51a3d7fb8cae John Giblin
020 7749 1041
Copping Joyce
18373 e4135da1 8f86 4c59 91db b6a6aaa28b7b Elliot Smith
020 7749 1047

Retail Investment For Sale

£125,000

Misrepresentation Act 1967: Copping Joyce Surveyors Limited for themselves, for any joint agents and for the vendors, lessors or assignors of this property whose agents they are given notice that: (i) The particulars are set out as a general guide only for the guidance of intending purchasers or lessees and do not constitute, nor constitute part of, an offer or contract (ii) All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves by inspection or otherwise as to the correctness of each of them.(iii) No person in the employ of Copping Joyce Surveyors Limited or any joint agents has any authority to make or give any representation or warranty whatever in relation to this property (iv) All rentals and prices are quoted exclusive of VAT(v) All plant, machinery, equipment, services and fixtures and fittings referred to in these particulars were present at the date of publication. They have however not been tested and therefore we give no warranty as to their condition or operation. July 2016: subject to contract.