Property photos
Just added
Auction
From
£575,000
Property for sale
Plough Way, London SE16Local area information
Property location
Nearby amenities
- Marathon Science School 0.1 miles
- Surrey Quays 0.2 miles
- Surrey Quays 0.2 miles
- Rotherhithe Primary School 0.3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Surrey Quays, Rotherhithe and Canada Water to find out more about the local area.
Features and description
- To be offered on Wednesday 5th November
- Freehold mixed-use investment
- Comprising a restaurant on ground and basement
- Two self-contained flats over first, second and third floors
- Currently producing £50,800 per annum
- 0.2 miles from Surrey Quays Station
- 7.8% Gross Yield at Guide Price
Strapline
Auction Sale - 05/11/2025 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
Freehold mixed-use investment comprising a ground floor restaurant with two self-contained flats above. Centrally located and currently producing £50,800 per annum.
Description
The opportunity for investors to purchase a freehold mixed-use property set in the popular Surrey Quays in South East London. Currently fully let, the property comprises a restaurant on the ground and basement floors with two, two-bedroom flats above. The property generates a total income of £50,800 per annum. The commercial unit currently pays £13,000 per annum and measures approximately 62sqm. The two flats above (7A & 7B) are generating £1,800 and £1,350 per month respectively. Flat 7A has recently been refurbished but there is the opportunity to do the same to 7B and increase the rental income in due course.
Virtual Tour Retail
Virtual Tour Flat 1
Virtual Tour Flat 2
Location
The property is located 0.2 miles from Surrey Quays Overground Station on the Windrush line providing links into East and North London via Shoreditch and Croydon and Crystal Palace via Sydenham and Peckham.
Local amenities include Surrey Quays Shopping Centre, Southwark Park, trendy cafes, restaurants, and easy access to the cultural hubs of Greenwich and Deptford.
Transport
Surrey Quays Station - Windrush Line
Accommodation
Restaurant - Ground floor serving counter with rear kitchen and stores to the lower ground floor. Approximate area 923 sq ft (85.7 sq m)
First floor flat - Reception room/ kitchen, Two bedrooms, Shower room/wc. Approximate area 436 sq ft (40.5 sq m)
Second / third floor flat - Reception room, Kitchen, Two bedrooms, Bathroom/wc
Auction Sale - 05/11/2025 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
Freehold mixed-use investment comprising a ground floor restaurant with two self-contained flats above. Centrally located and currently producing £50,800 per annum.
Description
The opportunity for investors to purchase a freehold mixed-use property set in the popular Surrey Quays in South East London. Currently fully let, the property comprises a restaurant on the ground and basement floors with two, two-bedroom flats above. The property generates a total income of £50,800 per annum. The commercial unit currently pays £13,000 per annum and measures approximately 62sqm. The two flats above (7A & 7B) are generating £1,800 and £1,350 per month respectively. Flat 7A has recently been refurbished but there is the opportunity to do the same to 7B and increase the rental income in due course.
Virtual Tour Retail
Virtual Tour Flat 1
Virtual Tour Flat 2
Location
The property is located 0.2 miles from Surrey Quays Overground Station on the Windrush line providing links into East and North London via Shoreditch and Croydon and Crystal Palace via Sydenham and Peckham.
Local amenities include Surrey Quays Shopping Centre, Southwark Park, trendy cafes, restaurants, and easy access to the cultural hubs of Greenwich and Deptford.
Transport
Surrey Quays Station - Windrush Line
Accommodation
Restaurant - Ground floor serving counter with rear kitchen and stores to the lower ground floor. Approximate area 923 sq ft (85.7 sq m)
First floor flat - Reception room/ kitchen, Two bedrooms, Shower room/wc. Approximate area 436 sq ft (40.5 sq m)
Second / third floor flat - Reception room, Kitchen, Two bedrooms, Bathroom/wc
More information
Listed by
Savills - National Auctions
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