MERIDIAN CP, London

The Former Royal Oak, 78 Fitzalan Street, Lambeth, London, SE11 6QU

Guide price

£750,000

Under offer

Size

3,071

Tenure

Freehold

EPC

Parking

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Primary use
Other leisure

Key features

  • Traditional Victorian-style Former Public House.
  • Prime Zone 1 location.
  • Attractive Capital Value at just £244 p/sq/ft.
  • Upper-floor ancillary space with separate access.
  • Large Rear Terrace.
  • Available immediately.
  • Sui Generis Use Class

Description

Description
This Victorian terrace property presents a unique opportunity for both commercial and investment purchasers.

The former Royal Oak represents a Freehold building in the heart of Kennington. Having originally been run as a local public house, the property has until recently been run as an Equalities & Communities Hub under a Sui Generis Use Classification. 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 gardens. 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: £750,000 SUBJECT TO CONTRACT. 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.
MERIDIAN CP, London

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Additional information
Service charge
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Business rates
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Use class
E
Listed building
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Energy performance certificate: C

An Energy Performance certificate helps you understand the current energy efficiency of a property.

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

The Former Royal Oak, 78 Fitzalan Street, Lambeth, London, SE11 6QU

NEAREST STATIONS

London Underground

Lambeth North Station

0.4 miles

London Underground

Kennington Station

0.49 miles

National Rail

Elephant & Castle Station

0.56 miles

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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 MERIDIAN CP, 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.