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

Find Retail Property for sale in Kennington Lambeth that meets your business or investment goals

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

More details for 396-398 Brixton Rd, London - Retail for Sale

396-398 Brixton Rd

London, SW9 7AW

  • Retail for Sale
  • £1,550,000
  • 1,145 sq ft
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More details for 409-411 Brixton Rd, London - Retail for Sale

409-411 Brixton Rd

London, SW9 7DG

  • Office / Retail for Sale
  • £450,000
  • 1,200 sq ft
  • 1 Unit Available
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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 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 217 Camberwell New Rd, London - Retail for Sale

217 Camberwell New Rd

London, SE5 0TJ

  • Retail for Sale
  • £650,000
  • 1,870 sq ft
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More details for 103-119 Waterloo Rd, London - Office for Sale

Mercury House - 103-119 Waterloo Rd

London, SE1 8UL

  • Retail for Sale
  • Price Upon Request
  • 699 sq ft
  • 1 Unit Available
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FAQs About Retail Property For Sale in Kennington Lambeth

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How many retail properties are currently available for sale in Kennington Lambeth?
There are currently 8 retail properties available for sale. Sizes range from 392 sq ft to 2,213 sq ft, with an average size of 1,197 sq ft. Available opportunities may include high street shops, retail units, shopping centre space, neighbourhood parades and mixed-use investments.
How much does retail property cost in Kennington Lambeth?
The average asking price is approximately £712 per sq ft, with prices ranging from £220 to £1,529 per sq ft. Values are influenced by factors such as location, footfall, tenant strength, lease terms and the overall condition of the property.
What factors influence retail property values?
Location is often the most important factor, alongside footfall levels, tenant quality, lease length, rental income, nearby occupiers and local market conditions. Properties with strong trading locations and established tenants may attract greater investor demand.
What sizes of retail property are available?
Available properties range from 392 sq ft to 2,213 sq ft, with an average size of 1,197 sq ft. Opportunities may suit independent retailers, owner-occupiers, investors and larger multi-site operators.
What are the benefits of investing in retail property?
Retail property can provide long-term rental income and the potential for capital growth. Well-located assets with established tenants may offer predictable income streams, while properties with redevelopment or alternative-use potential can provide additional opportunities for value creation.
What risks should I consider before buying?
Potential risks include tenant vacancy, changing consumer behaviour, local competition, economic conditions and shifts in retail demand. Understanding the strength of the location and the sustainability of rental income is an important part of any acquisition decision.
How does lease length affect investment performance?
Longer leases can provide greater income certainty, while shorter leases may offer opportunities for rent growth or repositioning. Investors should review rent review provisions, break clauses and tenant obligations when assessing an asset.
What types of tenants occupy retail property?
Retail occupiers can include national retailers, convenience stores, restaurants, cafés, health and beauty businesses, service providers and independent operators. The mix of tenants can influence both investment performance and future demand.
Can a retail property be used for other purposes?
Many retail premises fall within Use Class E, which may allow a degree of flexibility between retail, office, hospitality, health and other commercial uses. However, any proposed change of use should be confirmed with the local planning authority.
What due diligence should I carry out before buying?
Buyers should review leases, tenant covenant strength, service charge arrangements, planning permissions, title documents, environmental matters and building condition reports. Professional legal and surveying advice is strongly recommended before completing a purchase.
What additional costs should I budget for?
In addition to the purchase price, buyers should budget for Stamp Duty Land Tax (SDLT), legal fees, surveys, finance costs, insurance and any refurbishment or maintenance works that may be required.

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

With 8 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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