LONDON - OPEN PLAN SUI GENERIS OR CLASS E UNIT TO LET

Lewisham, London

Ref: 93889

Leasehold Nil Premium

Key Features

  • Prominent arterial road location between Lee and Lewisham
  • Eye-catching and well-known premises in densely populated area
  • Open plan ground floor trade area with trade kitchen (c. 3,132 sq ft GIA)
  • Basement storage (c. 1,851 sq ft GIA)
  • Available on new favourable free-of-tie lease
  • Suitable for Sui Generis or Class E usage
  • Location

    The Dirty South is situated in the busy south-east London district of Lewisham, approximately 1.3 miles south of Greenwich and 1.7 miles north-east of Lee. The area is identified in the London Plan as one of 35 major centres in Greater London and houses a population in the region of 310,000. Lewisham boasts one of the largest commercial areas in South East London including a large shopping centre with 70 shops. The area is densely populated with further areas of mass generation currently underway or planned including regeneration of the town centre.

    The premises itself sits on Lee High Road (A20), one of the busiest arterial roads in South East London, equidistant between Lewisham town centre and Lee. The property is situated on the southern-most point of a long shopping parade, close to residential housing, in a highly visible position.

    The premises occupies the ground floor and basement 'lock-up' of a three-storey red brick building with main frontage facing Lee High Road. The upper parts are residential and are not included. The premises comprises in brief:

    Property

    TRADE AREAS
    GROUND FLOOR
    Former public house, measuring approximately 3,132 ft², comprising:
    - TRADE AREA: Open plan with stripped wood and tiled flooring. Exposed brickwork. Two fireplaces.
    - LADIES' TOILET: Tiled with lino flooring. Two hand basins and two cubicles.
    - GENTLEMEN'S TOILET: With hand basin and two cubicles.
    - GENTLEMEN'S TOILET: Hand basin, porcelain trough and cubicle.
    - TRADE KITCHEN: Former trade kitchen with non-slip flooring and extractor.
    - WASH-UP ROOM: Non-slip flooring and UPVC clad walling.

    BASEMENT
    Cellar area accessed from trade area, measuring approximately 1,851 ft², comprising:
    - STORE: Drop to front of property.
    - BARREL STORE.
    - OFFICE.
    - 3 x STORE ROOM.

    EXTERNAL
    - FRONT CAR PARK
    - REAR TRADE PATIO
    - 3 x STORE ROOM.
    - BIN STORE.
    - SIDE ALLEYWAY: With shared access to flats above.

    The Business

    The Dirty South is an attractive blank canvas opportunity which would suit a range of concepts falling under the Sui Generis class usage including:

    - Pub
    - Craft beer tap room
    - Wine Bar
    - Licenced cafe
    - Betting shop
    - Hot food takeaway

    Alternatively, subject to Landlord's consent and the necessary planning permission, the unit could be utilised for Class E enterprises including retail, office, professional services or medical use.

    Prospective tenants will need to make their own assumptions as to potential trade levels giving due regard to the size of the premises, location and local demographics.

    Tenure

    LEASEHOLD NIL PREMIUM

    The Landlord will consider the creation of a new lease agreement on the following terms:
    - Full repairing and insuring lease
    - For a term of 10, 15 or 20 years
    - Inside Part II Landlord & Tenant Act 1954
    - Rental offers invited, exclusive of VAT and insurances
    - Rent subject to 5 yearly review and annual RPI adjustments collared at 2.5%, capped at 5%
    - 6 month rental deposit, plus personal guarantors
    - Free of all trade ties

    All negotiation subject to covenant strength. An incoming party will be required to demonstrate sufficient funds to sustain their business model, and will need to demonstrate ingoing capital to cover the premium, rental deposits, stock, working capital and solicitors' fees as a minimum.

    Application form and business plan available upon request.

    No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only.

    Licence

    A full premises licence prevails:

    Permitted opening hours:
    Monday to Thursday 10:00-00:00
    Friday to Saturday 10:00-02:00

    Permitted times to carry out licensable activities:
    Monday to Thursday 10:00-00:00
    Friday to Saturday 10:00-01:30

    Services

    All mains services are connected.

    Rateable Value: To be assessed.

    Local Authority: London Borough of Lewisham.

    Enquire about this listing

    Robert Cockayne
    South East & London