Commercial properties for sale in Nunhead, South East London

A rare opportunity to acquire this freehold development site in South-East London, bordering both Nunhead and Peckham Rye. The site benefits from planning permission being granted via Southwark Council (REF: 22/AP/2898, to demolish the existing outbuildings and construct a new 3-storey building, comprising 6x residential flats all of which come with private outdoor balconies/terraces.

Investment Opportunity: Commercial Property with a One-Bedroom Flat Strategically located in the high-demand SE15 2AS postcode area, this property offers a compelling investment opportunity for savvy investors. The premises feature a well-positioned retail space on the ground floor, currently operating as a successful Indian restaurant. Above the restaurant is a one-bedroom flat, providing dual-income potential for investors. Restaurant: The restaurant's current success highlights the potential for a continued lease or the opportunity for a new venture in this bustling culinary scene. The well-equipped kitchen, spacious dining area, and stylish decor make it an attractive proposition for continued commercial success. The shop has an estimated value of approximately £300,000. One-Bedroom Flat: A well-designed one-bedroom flat is situated above the restaurant. It emphasises a practical layout, featuring a living room, fully equipped kitchen, and a comfortable bedroom. This residential unit adds an extra layer of income potential through rental opportunities, enhancing the overall appeal for investors. The flat has an estimated value of approximately £250,000. Key Features: - Separate entrances for the restaurant and flat, ensuring independent use. - Central location in the SE15 2AS postcode area, with easy access to public transportation and amenities. - Dual income streams potential - continue the lease for the restaurant and explore residential rental for th