TypeRetail Investments · Mixed Portfolio Investments
TenureFor sale
The property comprises a mid-terraced mixed commercial and residential unit, income producing from the ground floor elements, and with the upper floors sold off under a very long lease. The ground floor is arranged as shop fronted premises to Camberwell New Road and a self-contained 3- bedroom flat to the rear.
The property is situated fronting Camberwell New Road in a prominent, but secondary, position. Camberwell New Road is a busy link road and bus route between Camberwell Green and Kennington Oval and the property benefits from vast quantities of passing vehicular traffic which is particularly heavy during the rush hour periods.
There is a nearby pedestrian crossing which encourages foot flow to the locality and the property is a few doors from a Co-op convenience store which is a draw to the parade. Other trades in the locality are local and specialist and service a densely populated residential catchment in the surrounding areas.