Unit A Borough Place 16-18 Marshalsea Road London SE1 1HL

England,  •  Retail  •  £850,000



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About this listing
• Opportunity to acquire a London commercial investment. • Located in the dynamic Southbank area of London less than 5 minutes-walk from Borough Market and London Bridge Underground Station. • Situated in a highly prominent position fronting Marshalsea Road within 400ft of Borough High Street & Borough Underground Station (Northern Line). • Long leasehold for 999 years from completion. • Ground floor comprising 1,310 sq ft (121.7 sq m). • Unit benefiting from flexible use classes including A1, A2 & D2. • Currently let to a martial arts studio for a term of 5 years from September 2017 with a mutual break option from September 2020, providing an unexpired term certain of 1.75 years. • Producing £50,000 per annum (£38.17 per sq ft).


Address
England,
Sector
GLA
Occupancy
Major Tenants
WAULT
NIY (on NOI)
5.57%,
Asking Price
£850,000