1/4
Retail/Shop For Sale London
PROPERTY ID: 93821
PROPERTY TYPE
Retail/Shop
STATUS
Under Offer
SIZE
4,330 sq.ft
Key Features
Property Details
This Handsome Victorian Terrace Comprises 8 Lock Up Shops With 30 Flats On 4 Floors Above Which Have Been Sold On A Long Lease. Each Shop Is Self Contained With Front And Rear Access. The Property Is Situated On Tower Bridge Road, A Busy Thoroughfare Which Is Rapidly Improving As The Regeneration That Started In Nearby Bermondsey Street Spreads South Towards Major New Developments Like The Pickle Factory. As A Result, An Ever Increasing Number Of Fashionable Cafe/restaurants And Leisure Activities Are Springing Up. Brighton Building Comprises 8 Retail Units Measuring Approximately 430 Sq Ft Each Which Equates To 3,440 Sq. Ft And Has A Commercial Rent Roll Of £96,455 Per Annum, All On 5-year Lease Terms From September 2021 With A Mutual Break Halfway Through The Term. There Is Scope To Increase The Rents To An Erv Of £129,000 Pa, Based On A Rent Of £37.5 Psf, Equating To A Yield Of 6.76%, After Allowing For Costs, Plus A Reversionary Value In The Flats Above And A Potential Extra Development Value Which Is Not Taken Into Account Of This Figure. The Freehold Includes The Flats Above Which Have Been Sold On A Long Lease Of Which 89 Years Remains, Paying A Peppercorn Ground Rent. These Comprise 28 X 1 Bed And 2 X 2 Bed Flats. Subject To A Separate Negotiation Following, Acquisition, It May Be Possible To Buy The Long Leasehold Flats Above. Subject To An Appropriate Planning Consent Being Granted, There Is Potential For Further Development, Both To The Rear Car Park Area And On The Roof. Currently Work Is Required On A Rear Walkway That Could Be Incorporated Into This Work
About the Agent
KALMARs
See Agent's Other PropertiesRetail Unit
£1,500,000 Freehold
BRIGHTON BUILDING,TOWER BRIDGE ROAD, London, SE1 4TR
Retail/Shop -
Under Offer
4,330 sq ft
402 sqm
Enquiry Form
Similar to this property
£250000 Freehold
Bermondsey, SE1 4TP
Retail/Shop
London, SE1 3UH
Retail/Shop
£12500 / month
London, SE1 3JW
Retail/Shop
POA
London, SE16 3RP
Retail/Shop
£3750 / month
London, SE1 5AG
Retail/Shop
£2917 / month
London, SE17 2NG
Retail/Shop
£1879 / month
London, SE5 0EN
Retail/Shop
POA
London, SE17 3UF
Retail/Shop
£1667 / month
London, SE11 4DF
Retail/Shop
£7131 / month
London, SE1 7RW
Retail/Shop
£1667 / month
London, SE5 7AF
Retail/Shop
£833 / month
London, SE11 6AB
Retail/Shop
£1458 / month
London, E1 2JY
Retail/Shop
£2875 / month
London, EC1A 9ET
Retail/Shop
£3750 / month
Surrey Quays, SE16 7DW
Retail/Shop
Starting From £5833 / month
London, N1 6AD
Retail/Shop
POA
London, E2 8HP
Retail/Shop
POA
London, E2 8HP
Retail/Shop
London, E2 8DP
Retail/Shop
POA
London, E2 8DP
Retail/Shop
£3042 / month
London, SE16 4BD
Retail/Shop
£3750 / month
London, E2 8HU
Retail/Shop
£1833 / month
New Cross, SE14 6AT
Retail/Shop
£3000 / month
London, SE14 6AT
Retail/Shop
£1000 / month
London, SW9 9JD
Retail/Shop
£11667 / month
London, SW9 7DG
Retail/Shop
£10417 / month
London, EC1V 7LQ
Retail/Shop
£1875 / month
London, E2 8DY
Retail/Shop
POA
London, E2 8HZ
Retail/Shop
£2917 / month
London, SW8 2PX
Retail/Shop
£2604 / month
London, E2 8JA
Retail/Shop
POA
London, E1 4GG
Retail/Shop
£3188 / month
London, E14 9TR
Retail/Shop
£1458 / month
East Dulwich, SE22 8HA
Retail/Shop
£7083 / month
Fitzrovia, W1T 4SD
Retail/Shop
Starting From £2125 / month
London, N1 9PW
Retail/Shop
£7333 / month
London, W1T 4PH
Retail/Shop
£2583 / month
London, N1 8ED
Retail/Shop
£5417 / month
Fitzrovia, W1W 7PY
Retail/Shop
POA
London, N1 8LN
Retail/Shop
£25000 / month
London, W1W 7NX
Retail/Shop
£5417 / month
Herne Hill, SE24 0JN
Retail/Shop
£3958 / month
London, N1 8LU
Retail/Shop
£1250000 Freehold
London, E8 3RN
Retail/Shop
£5833 / month
London, E9 7SN
Retail/Shop
POA
Greenwich, SE10 9BL
Retail/Shop
£2500 / month
London, SE10 9HZ
Retail/Shop
£2500 / month
London, SE10 9JA
Retail/Shop
£2250 / month
London, SE10 9JA
Retail/Shop
£4167 / month
Greenwich, SE10 9JB
Retail/Shop
£5000 / month
Greenwich, SE10 9JB
Retail/Shop
Starting From £2317 / month
Greenwich, SE10 8RS
Retail/Shop
POA
London, E3 4DP
Retail/Shop
£5167 / month
London, N1 1RL
Retail/Shop
Starting From £1586 / month
London, E8 2LY
Retail/Shop
£3750 / month
East Dulwich, SE22 8JY
Retail/Shop
£3333 / month
London, E8 1EJ
Retail/Shop
£1750 / month
London, SE10 0YJ
Retail/Shop
£4421 / month
London, SE10 0UB
Retail/Shop
£1167 / month
Hackney, E9 6QT
Retail/Shop
£1625 / month
London, E9 6QT
Retail/Shop
£5417 / month
London, E8 2NS
Retail/Shop
£1667 / month
Greenwich, SE10 0YJ
Retail/Shop
£1100000 Freehold
London, E8 2PB
Retail/Shop
£3958 / month
London, E8 2PB
Retail/Shop
£1000 / month
London, SW2 3HS
Retail/Shop
£1750 / month
London, E15 2QS
Retail/Shop
£3292 / month
London, N7 8DD
Retail/Shop
£2667 / month
Greenwich, SE10 0SH
Retail/Shop
£4390 / month
London, N7 8GR
Retail/Shop
Starting From £673 / month
London, N7 8GR
Retail/Shop
£2301 / month
London, N7 8GR
Retail/Shop
£3593 / month
London, N7 8GR
Retail/Shop
£2899 / month
London, N7 8GR
Retail/Shop
£3025 / month
London, N7 8GR
Retail/Shop
£5479 / month
London, E9 5LH
Retail/Shop
£1375 / month
Forest Hill, SE23 3HN
Retail/Shop
POA
London, E9 5LN
Retail/Shop
£2650000 Freehold
Camden, NW1 8EQ
Retail/Shop
POA
Blackheath, SE3 0BU
Retail/Shop
POA
Islington, N7 6PZ
Retail/Shop
£2083 / month
London, SE7 7QU
Retail/Shop
£1917 / month
Sydenham, SE26 5QT
Retail/Shop
£6250 / month
London, E15 1NG
Retail/Shop
£2917 / month
London, SW6 2TE
Retail/Shop
£5000 / month
Notting Hill, W2 4UW
Retail/Shop
POA
London, SE19 1PF
Retail/Shop
£7083 / month
London, E15 4HF
Retail/Shop
£1667 / month
Sydenham, SE26 5JZ
Retail/Shop
POA
London, N19 4NF
Retail/Shop
£1000000 Freehold
London, E10 7QR
Retail/Shop
POA
London, E10 7QR
Retail/Shop
POA
London, E10 7QR
Retail/Shop
POA
London, E10 7QR
Retail/Shop
£38201 / month
London, N19 4AJ
Retail/Shop
POA
Greenwich, SE18 5NJ
Retail/Shop
£800000 Freehold
London, E5 9AJ
Retail/Shop
£3208 / month
London, N6 6AG
Retail/Shop
POA
London, SW6 4RY
Retail/Shop
£2917 / month
London, SW18 1LP
Retail/Shop