MERIDIAN CP, London

720b-722b Old Kent Road, Peckham, London, SE15 1NG

Offer in excess of

£600,000

Under offer

Size

2,233

Tenure

Freehold

EPC

Parking

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Primary use
High street retail
Frontage
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Key features

  • Striking Street Presence.
  • Impressive Period-style Glazed Shopfronts.
  • Two Independent Entrance Points.
  • Rear Loading Access with Roller Shutter.
  • Upper Floors sold off on Long Leases.
  • Attractive Capital Value at just £257 p/sq/ft.

Description

Description
This is a very rare and incredibly versatile opportunity to acquire a pair of Freehold Retail Units along the well-regarded Old Kent Road. The properties both enjoy highly visible and pretty glazed frontages with private entrances and excellent ceiling heights all set within this pair of handsome period buildings.

Internally, the units have been integrated to the rear, allowing for a flexible and free-flowing space as either one large double retail space with warehouse-style storage or potentially two, fully-independent premises. The internal condition is relatively basic with some charming exposed brickwork, rear loading via a roller shutter, security shutters to the front elevation and a small washroom.

Location
Located on Old Kent Road, south east London’s busiest thoroughfare. Many national companies are represented here including Aldi, Lidl, Asda, Currys PC World and Tesco. Massive regeneration plans are in hand with the potential extension of the Bakerloo Line nearby.

Terms
Tenure – Freehold.

Use Class – E Class.

Local Authority – London Borough of Southwark.

Services - It is our understanding that mains water, electricity, gas and drainage are provided. However, it is the responsibility of the purchaser to ensure that services are available and adequate for any future uses.

AML- The purchaser will be required to provide the necessary information to satisfy AML requirements.

Viewings - The properties may be inspected internally strictly through prior appointment. Prospective purchasers should be aware that inspections are made entirely at their own risk and no liability is accepted by the vendor or their sole agents, Winkworth
Commercial.

VAT- The Property is not elected for VAT.

Rates Payable - To be advised.

EPC - 720b: C (72). 722b: C (72).

Method of Sale - The Property is For Sale by Private Treaty on the following Guide Price:- £600,000 (Subject to Contract).
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.

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

Brochure

720b-722b Old Kent Road, Peckham, London, SE15 1NG

NEAREST STATIONS

National Rail
London Overground

Queens Road Peckham Station

0.52 miles

National Rail

South Bermondsey Station

0.55 miles

National Rail

Peckham Rye Station

0.84 miles

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Disclaimer - Property reference 295080-1. 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.