223-229 Walworth Road, London, SE17 1RL
Size
3,519
Tenure
Leasehold
EPC
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Parking
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- Primary use
- High street retail
- 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 2026.
- Situated on the eastern side of Walworth Road, 5 minutes’ walk south from Elephant Park.
- Extremely well-connected location with Elephant & Castle Overground and Underground Stations providing excellent connectivity.
- Bakerloo Line, Northern Line and Thameslink services connecting to the City in 6 minutes and the West End in 12 minutes.
- Retail investment comprising three ground floor retail units (including one double-fronted unit) arranged over approximately 3,519 sq ft (327 sq m).
- Fully let to established occupiers including Crisis UK, Side Street, and Mind UK, providing a diverse tenant mix with strong covenant profiles and community presence.
- Total income of £151,760.50 per annum.
- Offers in excess of £1,850,000 subject to contract, for the benefit of a new 999-year long leasehold interest at a peppercorn rent.
Description
The subject property comprises three adjoining retail units (one of which is double fronted) arranged at ground floor level and occupying a prominent position on Walworth Road.
The retail accommodation extends to approximately 3,519 sq ft (327 sq m) and is fully let to Crisis UK, Side Street and Mind UK, producing a total commercial income
of £151,760.50 per annum.
The property benefits from extensive frontage onto Walworth Road, a well-established retail destination serving a large residential catchment with significant
footfall generated by the ongoing regeneration of Elephant & Castle.
Location
An exciting destination with a vibrant mix of lifestyle amenities. 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.
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- Use class
- E
- Listed building
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- Tenure
- Leasehold
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Brochure
223-229 Walworth Road, London, SE17 1RL
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Disclaimer - Property reference 405975-1. 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.