Retail in Kennington Lambeth available for sale
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Retail Properties for Sale in Kennington, Lambeth, London

Explore the Latest Kennington Lambeth Retail Properties for Sale

Including shops for sale, high street units, retail warehouses, petrol stations, showrooms, and leisure-focused retail spaces.

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 29 Denmark Hl, London - Retail for Sale

29 Denmark Hl

London, SE5 8RS

  • Retail for Sale
  • £350,000
  • 1,241 sq ft
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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 Retail property for sale in Kennington Lambeth

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How many Retail Property listings are available for sale in Kennington Lambeth?
There are currently 13 Retail Properties available for sale near Kennington Lambeth. These Kennington Lambeth Retail Property listings have an average size of 2,478 sq ft. The largest available listing in Kennington Lambeth is 11,622 sq ft. The thriving commercial centre and excellent transport links in Kennington Lambeth make it an ideal location for businesses to find suitable Retail Property for sale.
How much does it cost to buy Retail Property in Kennington Lambeth?
The average price/SF for Retail Property for sale in Kennington Lambeth is about £794. The cost per sq ft for Retail Property in Kennington Lambeth ranges from £126 to £1,796, depending on the location and the size of the property.
What factors could affect the prices of Retail Properties in Kennington Lambeth?
Several factors can impact the price of Retail Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices currently range from £126 to £1,796 per square foot. While the average net initial yield for Retail Properties is 6.48%.
What is the largest Retail Property available for sale in Kennington Lambeth?
Currently, the largest Retail Property available to buy is 11,622 sq ft and the smallest is 392 sq ft. The average size of Retail Property available for sale in Kennington Lambeth is approximately 2,478 sq ft.
What are the benefits of investing in retail property?
Retail property can offer long-term rental income, especially with established tenants. High street shops, shopping centres, and neighbourhood parades all offer opportunities for stable yields, with leases often structured on full repairing and insuring (FRI) terms.
What risks should I consider when buying retail property?
Risks include tenant turnover, void periods, changes in consumer habits, and local competition. Location is key—properties in well-trafficked or affluent areas tend to be more resilient to market shifts.
How does lease length affect retail property investment?
Longer leases (typically 5–15 years) can provide more predictable income. Some leases include upward-only rent reviews, which help protect returns over time. It's important to review break clauses and rent-free periods during due diligence.
What types of tenants occupy retail property?
Retail tenants include national chains, local independents, convenience stores, restaurants, salons, and service providers. National brands may offer greater covenant strength, while independents can offer flexibility and local appeal.
Do I need planning permission to change a retail property's use?
Most retail units now fall under Class E, which allows changes of use between shops, cafés, offices, and some medical or fitness uses without full planning permission. However, local restrictions or conservation areas may require additional consent.

Discover More Retail Properties for Sale in the Kennington, Lambeth, London

With 11 retail units currently available for sale in Kennington Lambeth, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in Kennington Lambeth, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in Kennington Lambeth, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in Kennington Lambeth can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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