Retail premises for sale

209A Coldharbour Lane, London, Greater London SW9

A rare opportunity to purchase a quirky vacant mixed-use commercial property next to Loughborough Junction station in Brixton.
The property is accessed from a gated courtyard leading from Coldharbour Lane and comprises a detached freehold residential building containing 4 x studio flats. In addition, there are 5 x leasehold (842 years unexpired) railway half arches as well as a storage unit. The 4 x studio flats (that all require full modernisation and re-decoration) that range in size between 170sqft and 218sqft
all have independent electricity key-card meters and are individually billed for Council Tax. The 5 x half-arches each measure approximately 525sqft internally. They are equipped with security shutters, individual water connections, metered electricity, and share two external WCs located within the courtyard. The commercial space is considered to have planning use class E meaning they can be used for a variety of commercial uses including office, retail, clinic, café/restaurant, coffee shop, light-industrial and creative space. In addition, there is a self contained storage unit at the property measuring c. 454sqft. This property is ideally suited for investors seeking a value add project through refurbishment, capitalising on a strategic south London location with strong rental yield potential.