Shops For Sale in Lambeth (London Borough)
Paid partnerships can play a role in listing order
An opportunity to acquire this prominent, corner-positioned freehold mixed-use building, situated on the ever-popular Clapham High Street and formerly occupied by Nationwide Building Society. The ground floor commercial unit extends to approximately 1,591 sq ft (148 sq m) NIA and is currently let to Popeyes Louisiana Chicken (PLK Investment 1 Ltd), a rapidly expanding fried chicken fast-food chain. The property benefits from a strong national covenant on brand-new FRI lease terms from 2025, producing an annual rent of £100,000. The upper floors have been converted into two stylish, ultra-modern residential apartments, which have subsequently obtained C4 use to operate as a fully functional 10-bedroom HMO for professional tenants, generating an annual income of £164,100. Flat A extends to approximately 718 sqft (67 sqm) NIA, whilst Flat B extends to approximately 1,225 sqft (114 sqm) NIA. The upper floors have also been extensively refurbished throughout to an exceptional standard and benefit from access to a communal terrace.
- Prominent corner-positioned freehold mixed-used building
- Commercial unit let to national covenant (Popeyes Louisiana Chicken - PLK Investment 1 Ltd)
- Two self-contained residential apartments configured as a 10-bedroom HMO
59-61 Camberwell New Road is a mixed-use development constructed in 2015. The ground floor unit is a modern and bright E-Class space measuring approx. 2,000 square feet. Benefiting from a flexible layout, the property has two private meeting areas as well as a board room on its own Mezzanine Floor. Fit out to an incredibly high specification, the unit is fully kitted out and is therefore available for immediate occupation. There is CAT 6 cabling throughout with air conditioning in all areas as well as a fully operational kitchen space with all appliances. The property also benefits from incredibly low service charge at £1.20 per sqft (£2,400 per annum). The premises would be well suited to a handful of potential occupants looking for E class space in the Oval area. The property is guided at £45,000 per annum or £595,000 for the remainder of the LLH.
- Ground floor commercial unit available for sale/to let
- Fit out to high specifications
- 0.3 miles to Oval Underground Station (Northern Line)
An opportunity to acquire this prominent, corner-positioned freehold mixed-use building, situated on the ever-popular Clapham High Street and formerly occupied by Nationwide Building Society. The ground floor commercial unit extends to approximately 1,591 sq ft (148 sq m) NIA and is currently let to Popeyes Louisiana Chicken (PLK Investment 1 Ltd), a rapidly expanding fried chicken fast-food chain. The property benefits from a strong national covenant on brand-new FRI lease terms from 2025, producing an annual rent of £100,000. The upper floors have been converted into two stylish, ultra-modern residential apartments, which have subsequently obtained C4 use to operate as a fully functional 10-bedroom HMO for professional tenants, generating an annual income of £164,100. Flat A extends to approximately 718 sqft (67 sqm) NIA, whilst Flat B extends to approximately 1,225 sqft (114 sqm) NIA. The upper floors have also been extensively refurbished throughout to an exceptional standard and benefit from access to a communal terrace.
59-61 Camberwell New Road is a mixed-use development constructed in 2015. The ground floor unit is a modern and bright E-Class space measuring approx. 2,000 square feet. Benefiting from a flexible layout, the property has two private meeting areas as well as a board room on its own Mezzanine Floor. Fit out to an incredibly high specification, the unit is fully kitted out and is therefore available for immediate occupation. There is CAT 6 cabling throughout with air conditioning in all areas as well as a fully operational kitchen space with all appliances. The property also benefits from incredibly low service charge at £1.20 per sqft (£2,400 per annum). The premises would be well suited to a handful of potential occupants looking for E class space in the Oval area. The property is guided at £45,000 per annum or £595,000 for the remainder of the LLH.