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2 Acre Lane, London, SW2 5SG

£850,000

£387.77 per sq ft

Business rates & charges may apply

USP London, USP London
SIZE AVAILABLE

2,192 sq ft

204 sq m

SECTOR

High street retail property for sale

Key features

  • Freehold commercial investment for sale
  • Ground floor commercial unit let to Traid, producing £60,000 per annum
  • Commercial property next door sold on long lease
  • 4 residential flats above sold on long leases
  • Total income: £60,000pa
  • Attractive gross yield of 7%

Description

An opportunity to acquire a well-located South London retail freehold investment, prominently positioned on Acre Lane, one of Brixton's most established and vibrant commercial thoroughfares. The commercial unit is let to Traid, on a 15 year lease from 2023, the award-winning charity retailer and leading advocate of sustainable fashion, providing a secure income stream of £60,000 per annum.

The freehold title includes next door (4 Acre Lane) and the 4 residential flats above, which are all sold off on a 999 year lease.

Situated between Brixton and Clapham, Acre Lane benefits from strong footfall, excellent public transport connectivity and a diverse mix of independent retailers, cafés, restaurants and national operators. The area continues to experience significant investment and residential growth, underpinning its long-term occupational appeal.

Service Charge
n/a

Rates
RV: £54,000

Lease Details
Land Registry Title & Register, copies of the commercial lease, EPC and floorplan available upon request

Brochures

2 Acre Lane, London, SW2 5SG

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Brixton Underground Station0.1 miles
  • Brixton Station0.2 miles
  • Clapham North Station0.6 miles

About USP London, USP London

10 Stoney Street, London, SE1 9AD

"USP. LONDON PROVIDES SPECIFIC AND BESPOKE REAL ESTATE SERVICES FOR LONDON'S SOUTH BANK AND INNER SOUTH LONDON, A MARKET WHICH HAS UNDERGONE AN UNPRECEDENTED TRANSFORMATION OVER THE LAST 25 YEARS AND WHICH IS NOW FIRMLY ESTABLISHED AS ONE OF CENTRAL LONDON'S MOST IMPORTANT BUSINESS DISTRICTS."

Notes

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