79 Lewisham High Street, Lewisham, London
Business rates & charges may apply
- SIZE
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- SECTOR
Mixed use property for sale
Key features
- Freehold, mixed-use property for sale in Lewisham
- Retail unit let by Timspon & sub-let by Snappy Snaps
- New FRI lease agreed for further 10 years at £19,150 p/a
- Consent to convert & extend uppers to provide four x 1-bedroom flats
- Conversion over 1st-3rd floors and airspace extension to provide 4th floor
- Guide Price - £800,000 f/h
Description
The property offered currently comprises a five storey (Basement-3rd floor) mixed-use freehold property located in the heart of Lewisham town centre. The ground and basement retail unit has a new 10-year FRI lease agreed at an annual rent of £19,150 to Timpson who in turn sub-let to a Snappy Snaps franchisee (who has occupied since 2004).
The first, second and third floors are largely vacant and benefit from full planning permission to convert into 3 one-bedroom flats with a further 1 one-bedroom unit also consented via a one storey airspace extension.
The owners of the property have paid the CIL, undertaken structural calculations for the airspace extension as well as soil reports and exposure works providing a prospective purchaser with an 'oven ready' development project in the upper parts and a strong investment covenant in the retail unit below.
Brochures
79 Lewisham High Street, Lewisham, London
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Lewisham Station0.2 miles
- Elverson Road Station0.5 miles
- Ladywell Station0.6 miles
Notes
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