What else does Forest Hill need? [2016]

Shops
#138

@lucyledisco is interested in having a look for the FH music School & music examination centre.

I’ve not seen the basement, how big is it?

#139

There’s also another shop up for rent on D Rd.

Best of Both & Kids on the Hill are by the same person and are now being merged into one, so what was Best of Both is now up for grabs!

I have the contact details for this one if anyone’s interested but not sharing with anyone looking to open a hairdressers or nail bar :slight_smile:

#140

Here’s a pic of what was Zaza Tea Place

IMG_2138.JPG3024×4032 980 KB

#141

This one is a mystery to me, only open for a week or so & looking for a premium :frowning:

#142

A proper mens barber.

#143

Have you tried Rob’s, @starman? Recommendations here

#144

What’s wrong with Erdis?

#145

Is he a hipster barber? For hair hipsters are the best.

#146

He’s had a couple of hip replacements, does that count?

5 Likes
#147

Who do you reckon will take the big hardware shop next to the Capitol?

#148

Is it closing?

#149
#150

Good question Michael.
Looking at the particulars - particularly the premium (GULP!) - I’d say the answer would be something like, “Not any time soon”.

Full description
Ranson UK are proud to present this well established ground floor commercial property located in a very busy location with a high foot fall. This unit currently has 3 years remaining on its lease and a rent review is also carried out every 5 years.This large A1 unit is situated in a great location, occupying a prominent position on London Road just moments away from Forest Hill Station and next to well established high street brands.Forest Hill offers an exclusive and vibrant community with a range of unique shops, bars and restaurants such as Pizza Hit, Santander bank, and William Hill. Transport links are easily accessible from Forest Hill Station providing access to the London overground.

AccommodationTotal accommodation size: 1279 Approx Sq Ft

Lease Term/CommencementOur client wishes to assign the renewable lease which has 3 years remaining.

Rent£45,480 per Annum

Premium£ 400,000

VATThis property is elected for VAT

2 Likes
#151

Sorry, I know you and/or @Pauline have answered this before - but is that £400,000 “premium” an up-front fee for getting the keys??? On top of £45+k pa???

#152

I’m completely baffled by some of the premiums being asked for lately, not least this one!

So now asking for premiums are:

This & at £400k for a three year lease just sounds unheard of!
Zara’s Tea place asking for £40k when it never even got up and running again baffles me!
The Montage at £25k
ill Mirto is up with a premium, but I don’t know how much for.
The Teapot has been up for let for a while too, but don’t know if there is a premium or not as I’ve not had time to dig around.

:thinking::thinking::thinking:

#153

Yes Andy :frowning:

#154

Out-flipping-rageous!!!

1 Like
#155

Totally!!!

#156

@anon64893700 this one is not a corner shop but “Home Accessories” is, so you might want to contact them if you want a “Nando’s”.

Personally I wouldn’t use it but others might do!

#157

Richard @NewForester what’s your thoughts on this, I remember we had a chat a while back when we dug out the land registry for The Capitol when it was said it was going to be a cinema which never emerged 2/3 years ago.

If I remember rightly we also spoke about premiums & what/who could justify these & if I’m right in thinking I don’t think any of what I mentioned previously could merit this, except maybe The Capitol depending…

Accounts would have to be shown (over a long period) to merit asking for a premium and a certain profit return which wouldn’t justify the rest I mentioned I don’t think.

Hope I’m wrong though & all get snapped up!

1 Like