Petrol Stations for sale in Hither Green, London

Commercial Property in Hither Green available for sale

Retail Properties for Sale Near the Hither Green, London

375 Lewisham High St

London, SE13 6NZ

Retail for Sale
£145,000
1,012 sq ft

Security System

London Retail for Sale - Hither Green

The property is arranged over ground floor only to provide a ground floor shop along with land to the rear.

Contact:

Savills

Property Subtype:

Shopfront

Date on Market:

05/03/2026

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86 Lewisham High St

London, SE13 5JH

Retail for Sale
£1,040,000
2,740 sq ft

Security System
24 Hour Access
Smoke Detector

London Retail for Sale - Blackheath Park

Investment Summary •Lewisham is a vibrant and densely populated borough in south east London, located approximately 6 miles south east of Central London. •The area benefits from strong transport infrastructure, with fast travel to Central London and surrounding boroughs. •Lewisham is one of the most densely populated London local authorities and was designated the Mayor’s London Borough of Culture. •The Borough has undergone substantial regeneration, with recent and planned developments totalling approximately £2 billion. •The property is let entirely to Power Leisure Bookmakers Ltd t/a Paddy Power until 10 October 2034 at a current rental of £88,000 per annum. •The lease is guaranteed by Flutter Entertainment PLC, a company with $15.44 billion of revenue (Financial Times). •There is a tenant break option on 11 October 2029. •The lease is subject to an upwards-only open market rent review on 11 October 2029. •We would apply an ERV of £100,677 per annum to the unit, reflecting £111 Zone A. Further information available upon request. We are instructed to seek offers in excess of £1,040,000 (One Million and Forty Thousand Pounds Pounds), subject to contract and exclusive of VAT. A purchase at this level reflects a net initial yield of 8%, assuming standard purchaser’s costs. Adopting an ERV of £100,677 per annum, a purchase at quoting terms would reflect a reversionary yield of 9.15% in October 2029.