An End of Terrace Building Comprising a Ground Floor Shop and a First Floor One/Two Bedroom Flat Fully Let Producing £33,400 Per Annum with Further Development Potential (Subject to Obtaining all Necessary Consents)

The property comprises an end of terrace building arranged to provide a ground floor shop and a first floor one/two bedroom flat.

Tenure

Freehold

Location

The property is situated on a mixed use road close to local shops and amenities. Transport links are provided by Kennington underground station (Northern line) and Denmark Hill rail and overground stations.

Planning

Southwark Council granted the following planning permission (ref: 16/AP/3007) on 14th November 2016: 'Change of use from A5 (take away) to C3 (residential) at ground floor level into 1x Studio flat and erection of extensions and mansard roof to create 1x2 bedroom duplex flat at first and second floor. Provision of refuse and cycle store' (Now Lapsed).

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.