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63-65 Old Kent Rd

5,275 SF Vacant Retail Building London SE1 4RF £1,550,000 (£294/SF)

Investment Highlights

  • The property occupies a prominent position along Old Kent Road
  • Proposed Bakerloo Underground extension line
  • There will be regeneration of the area to provide 20,000 new homes
  • London Bridge is located within a mile of the property

Executive Summary

The existing property comprises a mixed-use 4-storey building (plus basement), consisting of a retail unit across the basement and ground
floor extending to approximately 2,260ft².
The upper floors comprise 2 x 4 bedroom residential apartments totalling 3,014ft².
Offers invited in excess of £1,550,000 for the freehold interest

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
5,275 SF
Building Class
B
Year Built
1979
Price
£1,550,000
Price Per SF
£294
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
4
Building FAR
0.70
Lot Size
0.17 AC
Frontage
93 ft on Old Kent Road

Amenities

  • Security System
  • Signage
  • Roller Shutters
  • Storage Space

Nearby Major Retailers

Lidl
Londis
Costcutter
Sainsbury's
The Co-operative Food
The Royal Oak
ASDA
Morley's Fried Chicken
The Gym
Iceland
  • Listing ID: 33349633

  • Date on Market: 30/09/2024

  • Last Updated:

  • Address: 63-65 Old Kent Rd, London SE1 4RF

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