Commercial Property
Commercial property
Mixed Use Investment
Flats & Shop
Transport Links
Planning Permission
This freehold mixed-use property presents a compelling investment opportunity, ideally suited to property investors and developers alike. The premises comprise a ground floor retail unit, a self-contained one-bedroom apartment on the first floor, and three en-suite HMO rooms with a shared kitchen/lounge area arranged over the upper floors. Fully tenanted, the property has previously generated a combined annual income in excess of 60,000. Planning permission has been granted for a two storey rear extension, enabling the creation of an additional residential dwelling. Situated in the heart of Surrey Quays and in close proximity to the transformative Canada Water Masterplan, a major new urban centre. This property is exceptionally well positioned to benefit from ongoing regeneration and rising demand in the area. In our view, upon completion of the extension works, the development has the potential to achieve a gross annual income in the region of 85,000.
Nearest station: Surrey Quays (0.11 miles)
Borough: Southwark
Council tax band: D
EPC: C
Tenure: Freehold
Property Reference: ALEXN_004824
IMPORTANT NOTICE FROM ALEX NEIL
Property descriptions are subjective and used in good faith as an opinion rather than statements of fact. The owner provided information relating to title, tenure, service charges and ground rent information. Therefore, please make specific enquiries to ensure that our descriptions match your expectations of the property. Floor plan measurements are approximate and for illustrative purposes only. Furthermore, we have not tested any services, systems or appliances at this property. And we strongly recommend that you verify all the provided information on inspection and that your surveyor and conveyancer further confirm details. Also, market conditions and property values regularly fluctuate. And showcased sold properties demonstrate our previous successes rather than indicate live property values.
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