Commercial Property in Penge available for sale
2

Commercial Properties for Sale near Penge, London

Find commerical property for sale in Penge that meets your business or investment goals

More details for 99 High St, London - Retail for Sale

Crooked Billet - 99 High St

London, SE20 7DT

  • Retail for Sale
  • £775,000
  • 5,177 sq ft
  • Security System

London Retail for Sale - Anerley

Offers are invited in excess of £775,000 for the benefit of our clients freehold interest. Description The Crooked Billet comprises the ground, basement and first floor or a two storey detached building with brick and painted rendered elevations beneath a part flat and part pitched roof. Accommodation Ground Floor: The ground floor provides an open plan trading area with a central bar servery and seating on loose tables, chairs and bench seating for 34 customers. There is a separate function room to the rear with a capacity for 60 customers, separate bar servery, customer WC's and store. Ancillary areas comprise customer WC's for the pub, former trade kitchen, office, stores and cellar. Basement: The basement is unused and provides a number of stores. First Floor: The first floor provides the managers accommodation comprising three bedrooms, living room, kitchen, separate WC and bathroom. External: Externally there is a trade terrace to the front elevation with seating for 6 customers. Local information Penge is a densely populated suburb in South East London which is situated 3.6 miles west of Bromley and 3.9 miles east of Streatham. The area is well serviced by public transport with Penge West Station (Windrush and Overground) a short distance to the west providing regular services to central London. The Crooked Billet occupies a prominent corner position at the junction between Penge Lane and High Street. The surrounding area is a mix of residential and commercial with nearby occupiers including Tesco, Post Office, Tapi Carpets, McDonald’s, Gregg’s, KFC and Burger King.

Contact:

Savills

Property Subtype:

Bar

Date on Market:

15/05/2026

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More details for 89 Maple Rd, London - Retail for Sale

89 Maple Rd

London, SE20 8LN

  • Retail for Sale
  • £240,000
  • 900 sq ft
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Commercial Properties for Sale Within 5 miles of the Penge, London

More details for Tait Rd, Croydon - Industrial for Sale

Tait Rd

Croydon, CR0 2DP

  • Industrial for Sale
  • £695,000
  • 4,000 sq ft
  • 1 Unit Available
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More details for 1 Bethwin Rd, London - Office for Sale

1 Bethwin Rd

London, SE5 0YJ

  • Office for Sale
  • £525,000
  • 870 - 1,274 sq ft
  • 2 Units Available
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More details for 157-159 Rye Ln, London - Retail for Sale

John The Unicorn Pub - 157-159 Rye Ln

London, SE15 4TL

  • Retail for Sale
  • £1,200,000
  • 5,531 sq ft
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More details for 180 Rye Ln, London - Retail for Sale

180 Rye Ln

London, SE15 4NF

  • Retail for Sale
  • £600,000
  • 3,688 sq ft
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More details for 62 Lower Addiscombe Rd, Croydon - Office for Sale

62 Lower Addiscombe Rd

Croydon, CR0 6PQ

  • Office for Sale
  • £1,450,000
  • 4,058 sq ft
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More details for 155 New Cross Rd, London - Retail for Sale

Five Bells - 155 New Cross Rd

London, SE14 5DJ

  • Retail for Sale
  • £700,000
  • 6,889 sq ft
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More details for 1-6 Leigham Court Rd, London - Retail for Sale

The Print House - 1-6 Leigham Court Rd

London, SW16 2PH

  • Retail for Sale
  • £500,000
  • 1,862 sq ft
  • 1 Unit Available
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FAQs About Commercial Property For Sale in Penge

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How many commercial properties are currently available for sale in Penge?
There are currently 2 commercial properties available for sale. Sizes range from 900 sq ft to 5,177 sq ft, with an average size of 3,039 sq ft. Available opportunities may include offices, retail premises, industrial properties, mixed-use assets and development sites.
How much does commercial property cost in Penge?
The average asking price is approximately £156 per sq ft, with prices ranging from £113 to £200 per sq ft. Property values will vary depending on location, size, condition, tenant status and market demand.
What factors influence commercial property values?
Property values can be affected by location, building quality, asset size, lease terms, tenant covenant strength, redevelopment potential and local market conditions. For investment properties, income generation and yield are also important considerations.
What types of commercial property are available to buy?
The market may include offices, retail units, industrial properties, warehouses, land, mixed-use buildings and specialist assets. Availability will vary depending on location and current market conditions.
What should I consider before buying commercial property?
Key considerations include location, accessibility, property condition, planning permissions, lease arrangements, operating costs and future growth potential. Buyers should also understand any legal, environmental or structural issues that could affect value or usability.
What is rental yield and why does it matter?
Rental yield measures the income generated by a property relative to its purchase price. Investors often use yield to compare opportunities, although it should be considered alongside factors such as tenant quality, lease length and potential for capital growth.
Can I buy commercial property for my own business?
Yes. Many buyers purchase commercial property to occupy themselves rather than as an investment. Owning premises can provide greater control over operating costs, security of tenure and the potential to benefit from future capital appreciation.
Do I need a commercial mortgage?
Many buyers use commercial finance to fund acquisitions. Deposit requirements, lending terms and borrowing costs vary depending on the property, the buyer's circumstances and the intended use of the asset.
What due diligence should I carry out before buying?
Due diligence typically includes reviewing title documents, planning permissions, leases, service charge information, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What are the risks of buying commercial property?
Potential risks include market fluctuations, vacancy periods, tenant default, maintenance costs, planning restrictions and changes in local demand. Thorough due diligence and effective asset management can help reduce these risks.
Can overseas buyers purchase commercial property in the UK?
Yes. International buyers can purchase commercial property in the UK, although additional legal, tax and regulatory considerations may apply. Professional advice should be obtained before proceeding with a transaction.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax, legal fees, surveys, finance costs, insurance and any refurbishment or fit-out works that may be required.

Discover More Commercial Properties for Sale in the Penge, London

Market Overview for Commercial Properties in Penge

Key information for Commercial Properties investors in Penge and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Croydon £335 4,145 sq ft
Mitcham £119 8,347 sq ft
South Croydon £314 710 sq ft
Wallington £191 1,714 sq ft
Erith £169 8,447 sq ft

Rental Price Trends in Penge

The price per square foot range for Commercial Properties in Penge and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Croydon £83 £335 £4,723
Mitcham £30 £119 £208
South Croydon £314 £314 £314
Wallington £110 £191 £271
Erith £169 £169 £169

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Penge area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Croydon 200 sq ft 4,145 sq ft 19,874 sq ft
Mitcham 5,460 sq ft 8,347 sq ft 11,233 sq ft
South Croydon 710 sq ft 710 sq ft 710 sq ft
Wallington 1,040 sq ft 1,714 sq ft 2,387 sq ft
Erith 8,447 sq ft 8,447 sq ft 8,447 sq ft

You searched for commercial property for sale in Penge. Explore 2 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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