Offers in region of
£750,000
(£194.05/sq. ft)
Retail premises for sale72 Elmers End Road, Penge, London SE20
3,865 sq. ft
Just added
Freehold
About this property
Freehold, commercial building for sale
Planning use Class E
3,865 sqft
Vacant Possession December 2026
Erv £71,500 per annum
Oiro £750,000 F/H
An attractive opportunity to acquire a 3 -storey commercial building with active asset management potential.
The mid-parade building was originally constructed in the mid-1900s, with extension to the rear at a later date .
The property is currently arranged as a split-level commercial unit let to a gym operator who is due to vacate in December 2026.
The upcoming vacancy of 72 Elmers End Road in December 2026 presents an opportunity to significantly enhance rental income (the unit is currently heavily underlet) and/or explore the conversion of the upper parts to residential use, subject to planning permission (STPP).
The mid-parade building was originally constructed in the mid-1900s, with extension to the rear at a later date .
The property is currently arranged as a split-level commercial unit let to a gym operator who is due to vacate in December 2026.
The upcoming vacancy of 72 Elmers End Road in December 2026 presents an opportunity to significantly enhance rental income (the unit is currently heavily underlet) and/or explore the conversion of the upper parts to residential use, subject to planning permission (STPP).
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Monthly repayment
£3,751 per month
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