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No longer on the market

This property is no longer on the market

Shop

Shop
1237
Added > 14 days

Features and description

  • Area - Freehold mixed-use property
  • Size - 1,130 sqft
  • Local Amenities - Surrey Quays Shopping Centre (0.2 miles)
  • Property Type - Mixed Use Investment With Planning To Develop
Freehold mixed-use property with planning to extend in the London borough of Southwark. The property comprises a ground-floor retail unit, one bedroom apartment on the first floor and three HMO rooms - all ensuite with shared kitchen/lounge on the upper floors. The building is fully tenanted and collectively generates an income of £60,760 per annum.

Sizes:
Shop: 25 sqm/269 sqft.
Flat: 22 sqm/236 sqft
HMO: 58 sqm/624 sqft
Total: 105 sqm/1,130 sqft.

Planning permission was granted for the construction of a two-floor rear extension to create a large one-bedroom 45 sqm/484 sqft flat and increase the existing one-bedroom flat from 22 to 32 sqm/344 sqft (ref: 21/ AP/2397). The rear has planning implemented with conditions discharged.

Both commercial and residential parts are underlet and has the potential to generate an income of £90,000 per annum when developed and asset-managed.

Ideally suited to investors and developers.

Property information from this agent

About this agent

Whozoo - London
Whozoo - London
Unit 2, 2 Delacourt Road Blackheath, London SE3 8XA
020 8115 1506
Full profileProperty listings
Whozoo is a leading commercial and development agency, offering expert property services across the UK. With a deep understanding of the market, we help clients navigate every stage of the commercial property process, from acquisition and disposal to development and investment. Our nationwide reach ensures that businesses, developers, and investors receive tailored solutions that align with their goals and maximize their property's potential. At Whozoo, we are dedicated to delivering the highest quality service, combining industry expertise with innovative strategies to drive exceptional results. We leverage cutting-edge marketing techniques, data-driven insights, and a proactive approach to ensure every property achieves maximum exposure and value. Our commitment to professionalism, transparency, and client success sets us apart in the industry. Whether you are looking to buy, sell, or develop commercial property, Whozoo provides a seamless, results-driven experience designed to help you unlock new opportunities and achieve your objectives.
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