Property for sale in Herbert Road, London, Greater London SE18

DA0601- Introducing an exceptional investment opportunity offering a freehold mid-terraced shop with upperparts, presented with vacant possession of the flat. Situated on the bustling Herbert Road, SE18, this property boasts a prime location within close proximity to Greenwich and Woolwich town centre, making it a lucrative investment for those seeking a strategic position in a thriving urban setting.

The ground floor of this versatile property features a spacious retail unit with an open-plan reception area leading to a well-designed storage space, a convenient W/C, and a functional kitchen. The shop, currently leased on a 5-year agreement, generates a monthly income of £13,000, providing a stable and attractive return on investment.

Additionally, this property encompasses a three-bedroom residential maisonette with a private entry off Herbert Road, conveniently situated next to the shop entrance. The spacious apartment offers a comfortable and modern living space, complemented by a garden for residents to enjoy.

The local area adds significant value to this investment, as Herbert Road is part of a vibrant high street featuring essential amenities such as The Post Office, mini markets, takeaways, bars, restaurants, and various other businesses. The dynamic nature of the surroundings ensures a steady flow of foot traffic, enhancing the visibility and potential success of the commercial space.

Currently priced at £530,000.00, this property represents a compelling investment opportunity, with the residential component estimated to yield an additional £18,000 per annum. Don't miss out on this chance to acquire a well-positioned, income-generating property in the heart of a thriving urban community. Enquire now to secure your viewing and explore the potential for your investment portfolio.