Walworth Road, London, SE17 1JE

under offer£1,250,000 for the freehold

A period freehold building with commercial office/retail space including two residential apartments above, a 1-bedroom and 3-bedroom apartment with a private roof terrace space.

The ground floor and basement level feature space for commercial retail use (currently used as a shop, office and storeroom for Snappy Snaps, the property lends itself well for various uses). The residential space consists of a one bedroom apartment on the first floor with open-plan lounge/kitchen bathroom and bedroom and over the second and third floor the second apartment comprises open-plan lounge/kitchen, WC, bathroom and three bedrooms, one with direct access to outside space.

The property is situated in the middle of a retail parade on Walworth Road, and benefits from high footfall and good passing trade alongside independent delicatessens, cafes and shops offering an array of services. To the north of the unit is another bustling retail district- Elephant and Castle, which has a regeneration scheme 'Elephant Park' which is currently under construction - providing an additional 3000 homes and 50 shops, restaurants, and cafes, which will be added to the area. The local parade of shops surrounding this unit includes both independent and national retailers- such as Marks and Spencer, Sports Direct and various local offerings running perpendicular to East Street Market. Burgess Park is located just a 0.4 miles walk away and offers green space with a lake, sports facilities and the Coburg Road Nature Area. The nearest stations include 0.4 miles to Elephant & Castle Station (South eastern Railway) and 0.5 miles to Kennington tube station.

Flat 1 Rent £1100/month - May 20th 2021 - May 19th 2022
Flat 2 Rent £2340/month - July 19th 2021 - July 18th 2022
Snappy Snaps £2083/month - 10yr lease from March 25th 2015 - March 24th 2025
Total Income: £66,275 PA

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