leenewham wrote:There are other places that are better for businesses, but Sydenham doesn't have many cheap, available properties, which is actually holding it back.
That just doesn't match what I see at all. Whenever I see commercial properties being advertised for sale or for rent on Sydenham's high street, I'm always surprised at just how
cheap they are, which is what makes the high street situation all the more frustrating. I suspect that longstanding low-rents are the only reason that all those "occasionally open" Lower Sydenham businesses like the upholsterers or the bike shop or the Lovely Gallery could remain in business. Their monthly overheads must be very, very low, otherwise they'd have gone bust long ago.
Beer Rebellion's rent was very little (which is presumably why its new leaseholders can afford to take their own sweet time doing the renovations themselves and not be making any revenue for a few months). I was genuinely surprised at how low its monthly rent was. The reason Beer Rebellion was failing was that it made zero effort to bring in punters: it expected them to just turn up because of being itself. If it had had an events/publicity manager, it might have done a lot better.
The rents must surely also be relatively cheap at the bottom-of-Kirkdale businesses like the sportswear shop and Inkwa Tattoos or that hairdressers next to the petrol station, or the mysterious "Mmsar" (which has remained shuttered up ever since "Mmsar" took over the incredibly cheap annual lease). Simply because there's hardly ever anyone in them. Don't think I've ever seen a single customer in the sportswear place. (Have I ever even seen it open?! Not sure)
I'd be very surprised if the new vaping shop on the high street can be paying much of a hugely challenging rent, given its product and, from what I can see, lack of customers. (Unless e-cigarettes cost 50 quid a pop that is... I wouldn't know....)
The only commercial properties I've seen advertised in Sydenham where I thought the price asked seemed to be expensive (or, more accurately, in line with say Brixton or East Dulwich) were the recent around-the-Greyhound units. I'm not surprised they've gone to big-name estate agents. That said, the asking price for the Greyhound itself seemed to be a pretty good deal (and I suspect it went for a fair bit under asking price; I would guess around £700,000).
Commercial properties seem to come up quite often in Sydenham. One astute developer in Lower Sydenham recently took advantage of this easy-pickings situation by buying a corner-situated commercial property for peanuts and then getting planning permission to turn it residential:
et voila, a ground-floor-and-basement 2-bed flat for half the price. If you really wanted a commercial property on Sydenham's long high street, it seems to me they come up fairly frequently; I can think of a couple currently being advertised. Plus, if you were determined and impatient to open a new business, there are a few 'mystery units' too, such as that largish corner unit (a former nursery/childcare/education place?) that says it was "acquired by Pedder". Presumably Pedder wouldn't be adverse to leasing it, if they received a decent offer.