£600,000
Land for sale
Property photos
Offers over
£600,000
(£186.51/sq. ft)
Land for sale
Westow Street, London SE193,217 sq. ft
Local area information
Property location
Nearby amenities
- Paxton Primary School 0.2 miles
- Rockmount Primary School 0.3 miles
- Gipsy Hill 0.4 miles
- Crystal Palace 0.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Norwood New Town, Gipsy Hill and Upper Norwood to find out more about the local area.
Features and description
- Freehold
- Development potential (stpp)
- Investment
- Commercial
- Conversion
- Mixed-use
- Shop and uppers
• Unbroken freehold building arranged over the basement, ground, first & second floors.
• Prominently positioned in a high street location, within the affluent and sought-after Crystal Palace “Triangle”.
• Located 0.3 miles (6 min walk) from Gipsy Hill Train Station, and 0.5 miles (10 min walk) from Crystal Palace Train Station.
• The entire property falls within Class E (commercial) use.
• The basement and ground floor measure c. 1,518 sqft NIA and are let to a private individual trading as an estate agency.
• The current passing rent is £23,000 pax, with the lease expiring in September 2026. The tenant wishes to renew at an increased rent.
• The upper parts (first and second floors) are self-contained with separate front access, measure c. 1,615 sqft NIA, and are let to a private individual operating an osteopathy practice.
• The current passing rent is £18,000 pax (equating to an extremely low approx. £11 per sqft), and the lease expired in September 2025 (the tenant is therefore “holding over”).
• Both leases are on Fully Repairing and Insuring (Fri) terms, and benefit from security of tenure under the 1954 Act.
• Total Passing Rent: £41,000 pax.
• The upper parts offer apparent potential for residential conversion, subject to obtaining necessary consents. They benefit from windows to the front, side and rear.
• Total Estimated Rental Value (erv) for the commercial building: £65,000 pax.
• Prominently positioned in a high street location, within the affluent and sought-after Crystal Palace “Triangle”.
• Located 0.3 miles (6 min walk) from Gipsy Hill Train Station, and 0.5 miles (10 min walk) from Crystal Palace Train Station.
• The entire property falls within Class E (commercial) use.
• The basement and ground floor measure c. 1,518 sqft NIA and are let to a private individual trading as an estate agency.
• The current passing rent is £23,000 pax, with the lease expiring in September 2026. The tenant wishes to renew at an increased rent.
• The upper parts (first and second floors) are self-contained with separate front access, measure c. 1,615 sqft NIA, and are let to a private individual operating an osteopathy practice.
• The current passing rent is £18,000 pax (equating to an extremely low approx. £11 per sqft), and the lease expired in September 2025 (the tenant is therefore “holding over”).
• Both leases are on Fully Repairing and Insuring (Fri) terms, and benefit from security of tenure under the 1954 Act.
• Total Passing Rent: £41,000 pax.
• The upper parts offer apparent potential for residential conversion, subject to obtaining necessary consents. They benefit from windows to the front, side and rear.
• Total Estimated Rental Value (erv) for the commercial building: £65,000 pax.
More information
Listed by
Elem Real Estate
View agent properties.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - Elem Real Estate. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Elem Real Estate for full details and further information.