The Former Royal Oak, 78 Fitzalan Street, Lambeth, London, SE11 6QU
£293.06 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
3,071 sq ft
285 sq m
- SECTOR
Leisure facility for sale
Key features
- Traditional Victorian-style Former Public House.
- Prime Zone 1 location.
- Upper-floor ancillary space with separate access.
- Large Rear Terrace.
- Available immediately.
- Attractive Capital Value at just £293 p/sq/ft.
Description
This Victorian terrace property presents a unique opportunity for both commercial and Investment prospective from public house operators, nurseries, and the education sector.
The former Royal Oak represents a Freehold building in the heart of Kennington. Having originally been run as a local public house, the property is now serving as a local community asset. Arranged over four floors with two access points, the ground floor still contains the original bar and characterful wooden floors with direct access to the rear. There is an internal staircase to a basement, and upper floors of which provide informal office spaces with kitchen/break-out area, washroom and excellent levels of natural light throughout. This property offers excellent potential for those looking to invest in a mixed-use building in a sought-after area of London.
Guide Price: £900,000 Suggested wording: This property is offered for sale by auction, in partnership with SmartPropertyAuctions.co.uk. . Pre auction offers are welcomed; please contact our office for details. The purchaser will be required to pay a Buyer’s Premium upon exchange of contracts. This premium is calculated as the higher of 1.5% of the purchase price or £5,000, inclusive of VAT, and is payable in all circumstances, including where the property is sold prior to the auction.
Location
Situated on Fitzalan Street, the property is located in a vibrant, high-density residential area. Directly opposite, you’ll find Lambeth Walk Open Space Park and a Sports Complex, offering green space and recreational facilities. The property is well connected, with both Kennington and Elephant and Castle tube stations within a short 10-minute walk, providing easy access to central London.
Brochures
The Former Royal Oak, 78 Fitzalan Street, Lambeth, London, SE11 6QU
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Lambeth North Station0.4 miles
- Kennington Station0.5 miles
- Elephant & Castle Station0.6 miles
Notes
Disclaimer - Property reference 292838-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by WINKWORTH DEVELOPMENT AND COMMERCIAL INVESTMENT LIMITED, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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 WINKWORTH DEVELOPMENT AND COMMERCIAL INVESTMENT LIMITED, London on 020 3840 3816.
*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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