Gipsy Road, Lambeth, London, SE27 9RB
Size
1,100
Tenure
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EPC
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Parking
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- Primary use
- High street retail
- Frontage
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Key features
- On established parade
- Strong projected yield
Description
The property is the ground floor of a mixed-use building on an established parade in Lambeth, London.
The unit is currently vacant and benefits from planning permission (Lambeth Council Ref: 24/02221/FUL) to create a 36 sqm residential flat at the rear of the property and a 40.5 sqm retail unit to the front.
There is potential to then split the flat into a 2-unit HMO. We believe to be PD.
The projected rental income is £50k (£25k from each unit)
Option to purchase freehold.
PROPERTY SUMMARY :
- New 999 Year lease
- Total NIA 103 sqm/ 1,100 sq ft
- Vacant possession
- ERV of £50k
- Subject to VAT
Location:
Lambeth is a popular area in southeast London, more specifically in Gipsy Hill. It is near Gipsy Hill station, and near Norwood Park.
Vanderwald Estates have represented the information here based on information provided by the vendor. All potential buyers should only rely on their own due diligence and inspections.
- Service charge
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- Business rates
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- Use class
- E
- Listed building
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An Energy Performance certificate helps you understand the current energy efficiency of a property.
Read more about EPC requirementsAsk agent
- BREEAM rating
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- Environmental description
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Brochure
Gipsy Road, Lambeth, London, SE27 9RB
About Vanderwald Estates Ltd, Edgware
Welcome to Vanderwald Estates, your trusted partner in commercial property investments.
At Vanderwald, we understand that investing in real estate is a significant decision, one that requires expertise, precision, and a deep understanding of the market. With years of experience and a proven track record, we are your dedicated Investment Estate Agents, committed to helping you achieve your financial goals through strategic real estate investments.
Our network of property professionals, as well as buyers and sellers in the property investment market, allow us to bring you lucrative opportunities tailored to your specific investment objectives. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking guidance on your first investment, we're here to provide personalized solutions that maximize your returns.
Each asset that we bring to market is analysed internally to ensure that deal presents a genuine opportunity. This sets us apart from other agencies who simply act as middlemen.
If you are looking to divest of a property, speak to us as well to see how we can work on your behalf to help you achieve your goals.
Explore our website to to see how we can assist you, either as a buyer or a seller.
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Disclaimer - Property reference 230Gipsy. 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 Vanderwald Estates Ltd, Edgware. 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.