Commercial Properties For Sale in Anerley, South East London
Paid partnerships can play a role in listing order
An excellent opportunity to acquire a freehold commercial building with significant development potential, located in the heart of Penge. The property comprises a single-storey commercial unit extending to approximately 1,259 sq ft (117 sq m). The building benefits from
- Freehold commercial building with vacant possession
- Approx. 1,259 sq ft (117 sq m) single-storey premises
- High ceilings and versatile open-plan layout
- Positive pre-application for development of land for residential development
- 22 Flats (mixture of 1 and 2 beds) in 3 storey L shaped apartment block fronting Oakfield Road
- Plus 6 x 2 storey, 3 bed terraced houses
An attractive opportunity to acquire a mixed-use investment with active asset management potential. The investment comprises two neighbouring mid-parade mixed-use properties. The buildings were originally constructed in the mid-1900s, with a later rear extension known as Edward House. The property is currently arranged to provide a ground floor commercial unit at 74-76 Elmers End Road, let to a hardware retailer; and four fully let one-bedroom flats on the upper floors, accessed from the rear of the property. With an existing investment yield of 7.3% with the property considered under-let, there is significant opportunity to increase the yield via active management.
- Freehold, mixed-use investment for sale
- 4 flats in upper parts (fully let and managed)
- Commercial unit at 74-76 Elmers End Road let until 2032