EA Real Estate are delighted to bring to the market a fabulous opportunity for an investor/developer to purchase a freehold commercial building in a well known and popular regeneration area.
Located on Old Kent Road, a well renowned regeneration area with a great local council and encouragement to build high.
The building is currently fully vacant, consisting of the following:
- Commercial Unit - consisting of ground floor and basement
- Three additional stories above ground
- Previously generating £70k per annum rent
Huge opportunity for a developer/investor, to purchase and gain planning for residential/ commercial with precedent in the area and scope to build high.
The adjacent buildings have recently been granted planning and were purchased by the council, for a residential scheme.
Tenure: Freehold
Reference: CS0001