Commercial property for sale in Peckham Station Investment For Sale, 91-93 Queen’S Road, Peckham, London SE15

Offers in region of £660,000 (£306.69/sq. ft)
Interested in this property? Call +44 20 7768 1666 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Commercial property for sale

2,152 sq. ft*

Property description

Key Points

  • Excellent location next to Queen’s Road Peckham Station
  • The property is subject to an under-lease with ‘Pedder Property’, paying £50,000pax (£23psf) on a 15-year Fri lease (expiring 2035)
  • Rent review upcoming in November 2024, with erv forecasted at £58,000pax (£27psf)
  • Pedder are an established property agency with ten London offices, including Queen’s Road
  • We are ‘inviting offers in the region of £660,000 (£302psf & 7.6% gross yield)’ for the virtual freehold interest (999-year lease to be granted to purchaser

    • Description

    Opportunity to acquire a ground floor commercial unit forming part of modern mixed-use development.

    The five storey scheme, includes 6 x apartments on the upper floors and was constructed by Featherstone Homes in 2019.

    Commercial unit extends 2,152sqft (NIA) and is laid out entirely over the ground floor.

    Property is rented to established South London estate agency (Pedder). They have fitted the space out accordingly, benefitting from an open plan sales area, meeting room, 2 x WCs and kitchen.

    Location

    Subject property is well located on the popular Queen’s Road and occupies the most prominent stretch of the High Street.

    Established retailers including Sainsbury’s and Tesco Express are next door, along with popular local hotspot Blackbird Bakery close by.

    The area benefits from excellent connectivity to transport links with Queen’s Road Station just a 3-minute walk away; providing access to National Rail and London Overground services.

    Availability_Text

    The accommodation comprises the following areas:

    * Sizes listed are approximate. Please contact the agent to confirm actual size.

    Arrange Viewing

    For more information about this property, please contact
    Henshall & Partners, SE1 on +44 20 7768 1666 * (local rate)

    Contact Henshall & Partners about this property

    Enter details
      Morning (8am-noon)
      Afternoon (noon-5pm)
      Evening (5pm-9pm)
    6. Characters remaining: 500

    By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

    Disclaimer

    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Henshall & Partners, and do not constitute property particulars. Please contact Henshall & Partners for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

    Properties on the market nearby

    21 more properties like this

    View all SE15 commercial properties for sale