£530,000

3 bed retail premises for sale

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Freehold

Guide price

£530,000

3 bed retail premises for sale

Herbert Road, London, Greater London SE18

3 beds
1 bath
1 reception

Key Information

Tenure:
Freehold
Council tax band:

Local area information

Property location

Nearby amenities

  • Notre Dame Catholic Primary School 0.1 miles
  • Nightingale Primary School 0.2 miles
  • Woolwich Arsenal 0.6 miles
  • Woolwich Arsenal 0.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for Shooter's Hill and Woolwich to find out more about the local area.

Features and description

  • Freehold
  • DA0601
  • Vacant Possession
  • Entire Freehold
  • Shop
  • Three Bedroom Flat
  • Lounge, Kitchen and Large Bathroom
  • Garden
  • Fantastic Location
  • Busy High Street
  • South East London
DA0601- Introducing an exceptional investment opportunity offering a freehold mid-terraced shop with upperparts, presented with vacant possession of the flat. Situated on the bustling Herbert Road, SE18, this property boasts a prime location within close proximity to Greenwich and Woolwich town centre, making it a lucrative investment for those seeking a strategic position in a thriving urban setting.

The ground floor of this versatile property features a spacious retail unit with an open-plan reception area leading to a well-designed storage space, a convenient W/C, and a functional kitchen. The shop, currently leased on a 5-year agreement, generates a monthly income of £13,000, providing a stable and attractive return on investment.

Additionally, this property encompasses a three-bedroom residential maisonette with a private entry off Herbert Road, conveniently situated next to the shop entrance. The spacious apartment offers a comfortable and modern living space, complemented by a garden for residents to enjoy.

The local area adds significant value to this investment, as Herbert Road is part of a vibrant high street featuring essential amenities such as The Post Office, mini markets, takeaways, bars, restaurants, and various other businesses. The dynamic nature of the surroundings ensures a steady flow of foot traffic, enhancing the visibility and potential success of the commercial space.

Currently priced at £530,000.00, this property represents a compelling investment opportunity, with the residential component estimated to yield an additional £18,000 per annum. Don't miss out on this chance to acquire a well-positioned, income-generating property in the heart of a thriving urban community. Enquire now to secure your viewing and explore the potential for your investment portfolio.

Floor plans and tours

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Floor plan 1

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  1. Zoopla
  2. For sale
  3. London
  4. South London
  5. Shooter's Hill
  6. Herbert Road

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