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281-283 Rye Ln 3,500 sq ft Vacant Retail Property London SE15 4UA £1,450,000 (£414.29/sq ft)

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INVESTMENT HIGHLIGHTS

  • Planned on ground, and first floors, comprising total gross internal floor area approx. 3,500 sq. ft. with potential to expand
  • Situated in a high visibility location along a retail parade
  • Use Class E, former day nursery, Located in the heart of Peckham Rye, South East London

EXECUTIVE SUMMARY

The property forms part of a retail parade, with a highly visible, double shop frontage with vast signage opportunities. It is planned on ground (approx. 2,500 sq ft) and 1st (approx. 1,000 sq ft) floors, with a yard to the rear comprising approx. 1,000 sq ft. The entire building was formerly used as a day nursery, however has since had an interim tenant for short term use as storage/supermarket. The property offers flexible, open plan space in parts, and is in need of some modernisation. The total gross internal floor area comprises approx. 3,500 sq ft, however plans have been drawn up to extend the building to approx. 5/5,500 sq ft with additional outside space, subject to planning and
build. If you would like to explore this option further, please do get in touch. The property has vacant possession ready for an occupiers fit out/ works. It is ideal for a host of users within class E including day nursery, medical/dental, gym/fitness, office, retail etc or other use within subject to planning.

PROPERTY FACTS

Sale Type
Investment or Owner Occupier
Property Type
Retail
Tenure
Freehold
Property Subtype
Child Care Centres / Nursery
Property Size
3,500 sq ft
Costar Property Class
C
Year Built
1950
Price
£1,450,000
Price per sq ft
£414.29
Occupancy Rate
Vacant
Tenancy
Multiple
Number of Floors
2
Plot ratio
1.00
Total Plot Size
0.08 ac
Frontage
10 ft on Rye Lane

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • USE
  • POSITION
  • AVAILABLE
  • Ground
  • 2,500 sq ft
  • Retail
  • In-Line
  • Now

This availability comprises retail accommodation to let on new terms to be agreed.

Space Size Space Use Position Available
Ground 2,500 sq ft Retail In-Line Now

Ground

Size
2,500 sq ft
Space Use
Retail
Position
In-Line
Available
Now

Ground

Size 2,500 sq ft
Space Use Retail
Position In-Line
Available Now

This availability comprises retail accommodation to let on new terms to be agreed.

NEARBY MAJOR RETAILERS

Crossfit
The Gym Group
Nisa Local
Co-op
Iceland
Santander
TSB Bank
Morley's Fried Chicken
Anytime Fitness
Sainsbury's
  • Listing ID: 31255388

  • Date on Market: 19/03/2024

  • Last Updated:

  • Address: 281-283 Rye Ln, London SE15 4UA

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