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181-185 Trafalgar Road, 185 Trafalgar Road, London

Guide Price
£1,600,000

Business rates & charges may apply

Savills, Savills, Auctions
SIZE

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SECTOR

Mixed use property for sale

Key features

  • A freehold mixed-use building occupying a prominent corner plot
  • Planning submitted for a mansard roof extension 3 bedroom penthouse on top floor
  • Ground floor retail unit let to Coral for a terms of 5 years (expiring 2030)
  • Investment is partially let at £57,000 p.a.
  • Vacant upper parts with permitted development approved for 4 dwellings
  • Forming part of a prominent high street with strong footfall
  • 6 week completion

Description

A mixed-use investment and development opportunity.

The ground floor unit let to Coral and comprises a large trading space with toilets and staff room.

The first floor and second floors are arranged as approximately 15 vacant rooms with adjoining corridors and stairwells. Both floors have fire exit access to the rear of the building. Both floors benefit from permitted development to change from Class E into four residential dwellings four dwellings (2 x 1 Beds and 2 x 3 bed). (please refer to the legal pack)

The third floor of the building is currently arranged as a loft, and planning has been submitted for the construction of a mansard roof extension to create a 3 bedroom penthouse. (please refer to the legal pack)

The basement is arranged as three rooms with approval for bin and cycle storage for two of the flats above.

The property is situated on the North side of Trafalgar Road and nearby occupiers include Co-op Food, KFC, Domino's, Iceland, Boots Pharmacy aswell as a wide selection of independent shops, cafes and restaurants.

Transport
Maze Hill - Thameslink and Southeastern

Westcombe Park - Thameslink and Southeastern

Cutty Sark - DLR

Brochures

181-185 Trafalgar Road, 185 Trafalgar Road, London

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Maze Hill Station0.3 miles
  • Westcombe Park Station0.5 miles
  • Island Gardens Station0.7 miles

About Savills, Savills, Auctions

33 Margaret Street, London, W1G 0JD

Notes

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