Commercial Properties For Sale in Herne Hill, South East London
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22D Milkwood Road comprises a ground floor hairdressing salon and a self-contained basement flat, both currently let and producing a combined income of £25,740 per annum. The ground floor salon is let at £850 per month, while the basement flat achieves £1,295 per month. Importantly, there is a 1-bedroom flat available near Brockwell Park, making this a rare and desirable offering. The property is held on a 999-year lease from 1 January 2009, offering long-term security for investors.
- Mixed-use investment comprising a ground floor hairdressing salon and self-contained basement flat, both currently let.
- Combined rental income of £25,740 per annum (salon £850pcm, flat £1,295pcm) – income from day one.
- Guide price £200,000+, offering a gross yield of over 12%, outperforming typical SE24 averages.
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A rare opportunity to purchase a quirky vacant mixed-use commercial property next to Loughborough Junction station in Brixton. The property is accessed from a gated courtyard leading from Coldharbour Lane and comprises a detached freehold residential building containing 4 x studio flats. In addition, there are 5 x leasehold (842 years unexpired) railway half arches as well as a storage unit. The 4 x studio flats (that all require full modernisation and re-decoration) that range in size between 170sqft and 218sqft all have independent electricity key-card meters and are individually billed for Council Tax. The 5 x half-arches each measure approximately 525sqft internally. They are equipped with security shutters, individual water connections, metered electricity, and share two external WCs located within the courtyard. The commercial space is considered to have planning use class E meaning they can be used for a variety of commercial uses including office, retail, clinic, café/restaurant, coffee shop, light-industrial and creative space. In addition, there is a self contained storage unit at the property measuring c. 454sqft. This property is ideally suited for investors seeking a value add project through refurbishment, capitalising on a strategic south London location with strong rental yield potential.
- Mixed use property for sale
- Located opposite Loughborough Junction Station
- 4 x studio flats + 6 x commercial units
|1/7A rare opportunity to purchase a quirky vacant mixed-use commercial property next to Loughborough Junction station in Brixton. The property is accessed from a gated courtyard leading from Coldharbour Lane and comprises a detached freehold residential building containing 4 x studio flats. In addition, there are 5 x leasehold (842 years unexpired) railway half arches as well as a storage unit. The 4 x studio flats (that all require full modernisation and re-decoration) that range in size between 170sqft and 218sqft all have independent electricity key-card meters and are individually billed for Council Tax. The 5 x half-arches each measure approximately 525sqft internally. They are equipped with security shutters, individual water connections, metered electricity, and share two external WCs located within the courtyard. The commercial space is considered to have planning use class E meaning they can be used for a variety of commercial uses including office, retail, clinic, café/restaurant, coffee shop, light-industrial and creative space. In addition, there is a self contained storage unit at the property measuring c. 454sqft. This property is ideally suited for investors seeking a value add project through refurbishment, capitalising on a strategic south London location with strong rental yield potential.
1/122D Milkwood Road comprises a ground floor hairdressing salon and a self-contained basement flat, both currently let and producing a combined income of £25,740 per annum. The ground floor salon is let at £850 per month, while the basement flat achieves £1,295 per month. Importantly, there is a 1-bedroom flat available near Brockwell Park, making this a rare and desirable offering. The property is held on a 999-year lease from 1 January 2009, offering long-term security for investors.
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The property comprises a three-storey mid-terraced building, located opposite the desirable Brockwell Park. The building is currently operating as a bar at ground floor level with strong presence over the last 15 years. The upper first & second floors offer ancillary accommodation currently confi...
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Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £250,000 Rare opportunity to build a bespoke, architect designed home in the prestigious Dulwich Triangle - with full planning permission, prime transport links, and exceptional investment potential.
