Guide price
£800,000
Property for sale79 Lewisham High Street, Lewisham, London SE13
About this property
Freehold, mixed-use property for sale in Lewisham
Retail unit let by Timspon & sub-let by Snappy Snaps
New Fri lease agreed for further 10 years at £19,150 p/a
Consent to convert & extend uppers to provide four x 1-bedroom flats
Conversion over 1st-3rd floors and airspace extension to provide 4th floor
Guide Price - £800,000 f/h
The property offered currently comprises a five storey (Basement-3rd floor) mixed-use freehold property located in the heart of Lewisham town centre. The ground and basement retail unit has a new 10-year Fri lease agreed at an annual rent of £19,150 to Timpson who in turn sub-let to a Snappy Snaps franchisee (who has occupied since 2004).
The first, second and third floors are largely vacant and benefit from full planning permission to convert into 3 one-bedroom flats with a further 1 one-bedroom unit also consented via a one storey airspace extension.
The owners of the property have paid the cil, undertaken structural calculations for the airspace extension as well as soil reports and exposure works providing a prospective purchaser with an 'oven ready' development project in the upper parts and a strong investment covenant in the retail unit below.
Mortgage calculator
£4,001 per month
70+ lenders and 10,000+ products
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}