Take a look at the key details:
-Current rent: £88,000 per annum
-Let to Paddy Power and guaranteed by Flutter Entertainment PLC (£15.44bn revenue group)
-Upwards-only open market rent review - October 2029
-ERV: £100,677 per annum (£111 Zone A)
-8% net initial yield, increasing to a 9.15% reversionary yield in 2029
-Seeking offers in excess of £1,040,000

Set within one of London’s most densely populated boroughs which is benefitting from £2bn of recent and planned redevelopment projects, this prime, Greater London retail asset combines clear covenant strength with positive rental reversion.

Take a look at the brochure then speak to Tom Heptonstall and Oliver Smart, or our joint agent Jackson Criss‘ Adam Rawcliffe to book a viewing.

Lewisham 86 High Street Brochure