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89 Tower Bridge Rd 1,220 sq ft 100% Let Retail Property London SE1 4TW £1,000,000 (£819.67/sq ft) 6.56% Net Initial Yield



Investment Highlights
- Freehold mixed-use investment opportunity.
- Two self-contained one-bedroom apartments.
- Diversified income from commercial and residential occupiers.
- Ground-floor commercial unit with street-level presence.
- Current annual income of £65,600.
- Located within a well-connected London setting.
Executive Summary
This freehold mixed-use investment opportunity presents a combination of established commercial and residential income within a London location. The property currently generates £65,600 per annum and comprises a ground-floor commercial unit together with two self-contained one-bedroom apartments positioned on the upper floors.
The commercial accommodation benefits from a prominent street-level position within an active urban setting, supporting ongoing business occupancy and visibility. Above, the residential element consists of two independently accessed apartments configured to appeal to the London rental market. Each apartment includes living accommodation, a kitchen, bathroom facilities, and a separate bedroom arrangement designed to support everyday residential use.
The combination of commercial and residential tenancies provides diversified income from multiple occupiers while offering investors exposure to both sectors within a single freehold asset. The property's mixed-use configuration may appeal to purchasers seeking an income-producing investment with future asset management and value-enhancement potential.
Located within London, the property benefits from access to public transportation, retail amenities, restaurants, and cultural attractions that support continued demand from both commercial occupiers and residential tenants. The surrounding urban environment contributes to the property's long-term relevance as a mixed-use investment opportunity. With income already in place and a blend of commercial and residential accommodation, this offering represents an opportunity to acquire a freehold asset in one of the world's most established property markets.
The commercial accommodation benefits from a prominent street-level position within an active urban setting, supporting ongoing business occupancy and visibility. Above, the residential element consists of two independently accessed apartments configured to appeal to the London rental market. Each apartment includes living accommodation, a kitchen, bathroom facilities, and a separate bedroom arrangement designed to support everyday residential use.
The combination of commercial and residential tenancies provides diversified income from multiple occupiers while offering investors exposure to both sectors within a single freehold asset. The property's mixed-use configuration may appeal to purchasers seeking an income-producing investment with future asset management and value-enhancement potential.
Located within London, the property benefits from access to public transportation, retail amenities, restaurants, and cultural attractions that support continued demand from both commercial occupiers and residential tenants. The surrounding urban environment contributes to the property's long-term relevance as a mixed-use investment opportunity. With income already in place and a blend of commercial and residential accommodation, this offering represents an opportunity to acquire a freehold asset in one of the world's most established property markets.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,220 sq ft
Costar Property Class
B
Year Built
1863
Price
£1,000,000
Price per sq ft
£819.67
Yield
6.56%
NOI
£65,600
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
4
Frontage
10 ft on Tower Bridge
Amenities
- Bus Route
- Signage
1 1
Nearby Major Retailers
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89 Tower Bridge Rd
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