Elephant and Castle Mixed-Use, 223-229 Walworth Road, London, SE17 1RL

£5,150,000

Size

8,663

Tenure

Freehold

EPC

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Parking

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Primary use
High street retail
Other use(s)
Residential development
Frontage
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No floor / site plan

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 expected to be completed by the end of 2025.
  • 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 the West End in 12 minutes.
  • 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

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.
Additional information
Service charge
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Business rates
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Use class
C2, E
Listed building
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Energy performance certificate: Ask agent

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

Elephant and Castle Mixed-Use, 223-229 Walworth Road, London, SE17 1RL

NEAREST STATIONS

London Underground

Kennington Station

0.42 miles

National Rail

Elephant & Castle Station

0.51 miles

London Underground

Elephant & Castle (Northern) Station

0.51 miles

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Disclaimer - Property reference 332616-1. 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 Robert Irving Burns Limited , Robert Irving Burns. 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.