The offer comprises the ground and lower ground floor of a premises on Atlantic Road, which is currently sublet to a popular small chain of South London-based gourmet burger and cocktail bars, one of which operates from the site. The substantial property enjoys triple frontage on a busy road in the thriving area of Brixton, which is well known for being a lively hub with many shops and casual dining eateries.
Fitted to a high standard and benefitting from permission for long trading hours, until 2am on Fridays and Saturdays, the site presents a strong investment opportunity for a new leaseholder.
William Langton, Business Agent at Christie & Co who is handling the sale comments, “This is an exciting opportunity to acquire a long lease interest of 107 years unexpired in one of the most in-demand areas of Greater London. We anticipate strong levels of interest, not only due to the location, but also the attractive sublease in place to an operator of good standing with multiple sites in the South West London region.”
Christie & Co is seeking offers of £1,000,000 for the long leasehold which holds an unexpired term of 107 years at a peppercorn rent.