TypeRetail Investments
TenureFor sale
The property comprises 2 lock-up shop units, each let and income producing, together with the ground rents from 3 flats above and a further peppercorn. The 2 shops are let to individual tenants and the opportunity offers a generous day 1 gross yield at asking.
The property is situated fronting Rye Lane in the centre of Peckham, to the south of Peckham Rye station, and forming part of the main shopping area for Peckham. Rye Lane is a busy bus route and the property benefits from a good deal of pedestrian foot flow as the surrounding area is extremely densely populated. The property shares the locality with mainly specialist and local trades, but some multiples are situated nearby including Cake Box which is next door, Crisis, Barnard Marcus, and gym occupiers such as Anytime Fitness and F45.