Elephant and Castle Mixed-Use, 223-229 Walworth Road, London, SE17 1RL
£652.20 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
8,663 sq ft
805 sq m
- SECTOR
High street retail property for sale
- USE CLASSUse class orders: C2 Residential Institutions
C2
Key features
- Located in Elephant & Castle, the area is currently undergoing one of London’s largest regeneration projects with over 2,000 new homes constructed in the last decade and a total of 5,000 homes
- Situated on the eastern side of Walworth Road, 5 minutes’ walk south from Elephant Park.
- Extremely well-connected location with Elephant and Castle Overground and Underground Stations providing Bakerloo Line, Northern Line and Thameslink services connecting to the City in 6 minutes and
- Mixed-use property comprising three retail units (one of which is a double unit) at ground floor and 11 apartments all let on assured shorthold tenancies.
- Total current rent of £394,649.32 per annum
- Freehold
Description
The subject property comprises three adjoining retail units (one of which is double fronted). Additionally, there are three upper floors comprising 11 residential apartments with access via two entrances on Walworth Road and one via Waleorde Road. The property was the subject of a substantial redevelopment involving a partial rebuild / refurbishment and extension of the original buildings. Since 2015, capital expenditure on the properties has exceeded £2 million.
Location
Walworth Road is a well-established High Street located in the London Borough of Southwark, approximately 1.37 miles south west of Bermondsey, 0.6 miles south of Elephant & Castle, 0.9 miles east of Oval and 2 miles north of Brixton.
Brochures
Elephant and Castle Mixed-Use, 223-229 Walworth Road, London, SE17 1RL
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Kennington Station0.4 miles
- Elephant & Castle Station0.5 miles
- Elephant & Castle (Northern) Station0.5 miles
Notes
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