Retail in SE24 available for sale
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Retail Properties for Sale near SE24, South East London

Retail Properties for Sale Within 5 miles of the SE24, South East London

More details for 47 Fleet St, London - Office for Sale

47 Fleet St

London, EC4Y 1BJ

  • Office for Sale
  • £2,000,000
  • 4,529 sq ft

London Office for Sale - City of London

47 Fleet Street occupies a prominent position on the south side of Fleet Street at its junction with Fetter Lane, within the established legal and financial district of central London. City Thameslink station is within short walking distance, providing direct north-south mainline services through central London, and the Elizabeth line is close by at Farringdon Station. Blackfriars and Temple stations are also nearby, while Chancery Lane and St Paul’s stations are readily accessible. Numerous bus routes operate along Fleet Street, offering further connectivity across central London. An established, key commercial hub, the surrounding area provides a wide range of amenities, including cafés, restaurants, bars, and retail outlets, and sits within the Fleet Street Quarter Business Improvement District, an area witnessing an unprecedented level of development and upgrading public spaces, with the aim of creating a cohesive, future-proof location to “work, visit, live, and invest in". Long Leasehold for sale with an in-place revenue stream and significant value-add opportunities Comprising of a 6-level period property, totaling 4,529 sq ft / 421 sq m (NIA) / 6,081 sq ft / 565 sq m (GIA), the building benefits from a principal revenue stream from the wine bar on the lower two floors, whilst the upper parts offer an office refurbishment opportunity for a developer, investor or occupier, and significant value-add opportunities. The famous wine bar and eatery El Vino, dating back more than 100 years, occupies the ground floor and basement. Now owned by Davy’s Wine Merchants - which itself was established in 1870 - the premises are a true piece of Fleet Street history. The self-contained upper parts present a range of opportunities for a purchaser. The floors are in need of comprehensive works to upgrade and reimagine the accommodation, whether for re-letting or occupation as an owner-occupier. Subject to obtaining the necessary consents, there may be scope to extend the premises to the rear and reconfigure the circulation space, to include potentially installing a passenger lift. Further details, plans and general information are available from the Data Room, which can be accessed below by visiting the Marketing Website or going to https://tinyurl.com/su2scxhv El Vino, an historic and famous wine bar and eatery, dating back more than 100 years, occupies the lower floors, on a lease expiring in 2036. Fully self-contained upper parts, arranged over 1st-4th floors, offering an office refurbishment opportunity for a developer, investor or occupier. Potential for extending to the rear and conversion for alternative uses. Although not a Listed building, the property is situated within the Fleet Street Conservation Area. Lies within the Fleet Street Quarter Business Improvement District, an area witnessing an unprecedented level of development and upgrading public spaces. A new 125 yr Long Leasehold interest is available, at a ground rent of £1,000 per annum, reviewed every 25 yrs. Consideration may be given to alternative uses for the property, however, the lease will specifically exclude any change of use for C3 residential proposes. The property is available with vacant possession of the upper floors, and with the benefit of an income stream of £90,000 per annum from the lease of the ground floor & basement wine bar. There is also a short term tenancy on the 3rd floor producing a further £9,000 per annum.

Contact:

Gale Priggen & Company

Property Subtype:

Studio / Creative Space

Date on Market:

14/10/2025

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More details for 154-156 Trafalgar Rd, London - Retail for Sale

154-156 Trafalgar Rd

London, SE10 9TZ

  • Retail for Sale
  • £295,000
  • 1,118 sq ft
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More details for 143 Franciscan Rd, London - Retail for Sale

143 Franciscan Rd

London, SW17 8DS

  • Retail for Sale
  • £1,200,000
  • 1,245 sq ft
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FAQs about Retail property for sale in SE24

See All Retail Spaces For Sale
How many Retail Property listings are available for sale in SE24?
There are currently 0 Retail Properties available for sale near SE24. These SE24 Retail Property listings have an average size of. The largest available listing in SE24 is. The thriving commercial centre and excellent transport links in SE24 make it an ideal location for businesses to find suitable Retail Property for sale.
How much does it cost to buy Retail Property in SE24?
The average price/SF for Retail Property for sale in SE24 is about. The cost per sq ft for Retail Property in SE24 ranges from to , depending on the location and the size of the property.
What factors could affect the prices of Retail Properties in SE24?
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 to per square foot. While the average net initial yield for Retail Properties is.
What is the largest Retail Property available for sale in SE24?
Currently, the largest Retail Property available to buy is and the smallest is. The average size of Retail Property available for sale in SE24 is approximately.
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 SE24, South East London

With 0 retail units currently available for sale in SE24, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in SE24, 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 SE24, 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 SE24 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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