Commercial Property in Kennington Lambeth available for sale
8

Petrol Stations for Sale near the Kennington, Lambeth, London

Retail Properties for Sale Near the Kennington, Lambeth, London

More details for 223-229 Walworth Rd – Retail for Sale, London

223-229 Walworth Rd

  • Retail for Sale
  • £5,650,000
  • 3,519 sq ft
  • 3 Retail Properties
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More details for 70 Tower Bridge Rd, London - Retail for Sale

70 Tower Bridge Rd

London, SE1 4TP

  • Retail for Sale
  • £900,000
  • 697 sq ft
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More details for 60 Atlantic Rd, London - Retail for Sale

60 Atlantic Rd

London, SW9 8PY

  • Retail for Sale
  • £300,000
  • 617 sq ft
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More details for 119 Southampton Way, London - Retail for Sale

119 Southampton Way

London, SE5 7EW

  • Retail for Sale
  • £400,000
  • 1,363 sq ft

London Retail for Sale - Kennington, Lambeth

Investment Consideration: Gross Initial Yield: 4.84% Rental Income: £24,175 p.a. VAT is NOT applicable to this property Comprises ground floor shop t/a Coral with 2 residential flats at first and second floor (sold-off) Planning approved in June 2023 for mansard style roof extension to create 1 x 2-Bed Apartment Located in predominantly residential area with occupiers nearby including Costcutter, Post Office and more. Property Description: Comprises three-storey terraced property which is arranged as a ground floor betting office with two residential flats above which have been sold off on long leaseholds, providing the following accommodation and dimensions: Ground Floor: 126.60 sq m (1,363 sq ft) Open plan retail, Office, Storage, WCs First Floor: Flat 119A (sold off) Second Floor: Flat 119B (sold off) Development Opportunity: Planning approved in June 2023 for mansard style roof extension to create 1 x 2-bed residential dwelling (C3), providing the following accommodation and dimensions: Third Floor: 75 sq m (807 sq ft) Kitchen/living room, 2 bedrooms, bathroom For more information, please refer planning application 22/AP/2649 on Southward Planning Portal: Tenancy: The property is at present let to Coral Racing Limited for a term of 16 years from 1st March 2011 at a current rent of £23,975.67 p.a. and the lease contains full repairing and insuring covenants. No breaks. Flat 119A has been sold off on long leasehold for a term of 125 years from 25th March 1987 at a ground rent of £100 p.a. Fixed increase to £150 p.a. in 2053 and £200 p.a. in 2086. Reversion 2112. Flat 119B has been sold off on long leasehold for a term of 125 years from 25th March 1987 at a ground rent of £100 p.a. Fixed increase to £150 p.a. in 2053 and £200 p.a. in 2086. Reversion 2112 Location: Camberwell is a densely populated suburb of South East London located in the London Borough of Southwark, approximately 3 miles south-east of Central London. The property is situated on the north side of Southampton Way at the junction with Wells Way. The area is served by the A2 to the north east, the A3 to the west and A202 Peckham Road to the south. Denmark Hill mainline station providing a direct line to London Blackfriars station with a train every 15 minutes.

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Shopfront

Date on Market:

14/06/2022

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More details for 225-225A Camberwell New Rd, London - Retail for Sale

225-225A Camberwell New Rd

London, SE5 0TH

  • Retail for Sale
  • £995,000
  • 1,500 sq ft
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FAQs about Kennington Lambeth Petrol Stations For Sale

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How many Petrol Station listings are available for sale in Kennington Lambeth?
There are currently 0 Petrol Stations on the market in and around Kennington Lambeth.
How much does it cost to buy Petrol Station in Kennington Lambeth?
Asking prices in Kennington Lambeth range based on market conditions.

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