Highly Reversionary Income Currently Let To An Artist Gallery And Studios At A Low Rent With A Capital Value Of Less Than £100 Per Sq Ft.

Summary

• Part of London Square’s highly successful Pickle Factory Development.
• Located a short walking distance of Bermondsey Street and within close proximity to London Bridge Station.
• Let to Tannery Arts Limited for 25 years from 03/10/2023 subject to annual RPI rent reviews, calculated every five years and subject to a 3% cap and 1% collar.
• Income of £79,525 per annum, equates to a discounted rent of £5 per sq ft.
• Virtual Freehold (remaining term of 999 year lease).