181-185 Trafalgar Road, Greenwich, London, SE10 9EQ
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- A freehold mixed-use building occupying a prominent corner plot
- Vacant upper parts with permitted development approved for four dwellings (2 x 1 Beds and 2 x 3 bed)
- Planning submitted for the construction of a mansard roof extension to create a 3 bedroom penthouse on the top floor
- Forming part of a prominent high street with strong footfall
- Ground floor retail unit let to Coral for a terms of 5 years (expiring 2030)
- 6 week completion
- Investment is partially let at £57,000 p.a.
Description
StrapLine
Auction Sale - 23/04/2025A freehold mixed-use building occupying a prominent corner plot.
Ground floor retail unit let to Coral for a terms of 5 years (expiring 2030).
Vacant upper parts with permitted development approved for four dwellings (2 x 1 Beds and 2 x 3 bed)
Planning submitted for the construction of a mansard roof extension to create a 3 bedroom penthouse on the top floor.
Investment is partially let at £57,000 p.a.
Description
A mixed-use investment and development opportunity.
The ground floor unit let to Coral and comprises a large trading space with toilets and staff room.
The first floor and second floors are arranged as approximately 15 vacant rooms with adjoining corridors and stairwells. Both floors have fire exit access to the rear of the building. Both floors benefit from permitted development to change from Class E into four residential dwellings four dwellings (2 x 1 Beds and 2 x 3 bed). (please refer to the legal pack)
The third floor of the building is currently arranged as a loft, and planning has been submitted for the construction of a mansard roof extension to create a 3 bedroom penthouse. (please refer to the legal pack)
The basement is arranged as three rooms with approval for bin and cycle storage for two of the flats above.
Location
The property is situated on the North side of Trafalgar Road and nearby occupiers include Co-op Food, KFC, Domino's, Iceland, Boots Pharmacy aswell as a wide selection of independent shops, cafes and restaurants.
Transport
Maze Hill - Thameslink and Southeastern
Westcombe Park - Thameslink and Southeastern
Cutty Sark - DLR
Tenancy
Investment let to Coral at £57,000 for a term of 5 years expiring in 2030.
Accommodation
Please refer to the legal pack
181-185 Trafalgar Road, Greenwich, London, SE10 9EQ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Maze Hill Station0.3 miles
- Westcombe Park Station0.5 miles
- Island Gardens Station0.7 miles
Notes
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Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Savills Auctions, London on 020 3909 6715.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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