Mixed-use investment for sale in Brixton

This property is marketed by:
Willmotts Chartered Surveyors

Key Features

• EXCELLENT INVESTMENT OPPORTUNITY
• INCOME PRODUCING £102,920 (WHEN FULLY LET)
• EXCELLENT LOCATION JUST 0.6 MILES FROM BRIXTON TUBE
• SOUGHT AFTER LOCATION
• COMMERCIAL RENT REVIEW IN 2026

Location:

Brixton is a London Underground station on Brixton Road in Brixton in the London Borough of Lambeth. It is the southern terminus of the Victoria line and the next station towards north is Stockwell. The station is known to have the largest London Underground roundel on the network. Brixton Market comprises a street market in the centre of Brixton, south London, and the adjacent covered market areas in nearby arcades; Reliance Arcade, Market Row and Granville Arcade. The market sells a wide range of foods and goods but is best known for its African and Caribbean produce, which reflect the diverse community of Brixton and surrounding areas of Lambeth

Description:

A rear opportunity to acquire a mid-terrace building arranged over ground and two upper floors, consisting of a commercial unit on the ground floor, trading as a franchise operator of Cake Box. The 3 flats are arranged over part ground and the 2 upper floors. All the flats area let on Assured Shorthold Tenancies and are the result of considerable refurbishment and modernisation.

User:

We believe the premises fall under Class E & C3 use of The Town & Country Planning (Use Classes) (Amendment) (England) Regulations 2020, however interested parties should confirm this with the Local Authority.

Local Authority:

London Borough of Lambeth. 

EPC:

The property has Energy Performance Certificates with the following ratings:

Commercial Unit: B (39)

Flat A: E (47)

Flat B: D (59)

Flat C: E (54)

VAT:

The property has not been elected for VAT purposes.

Legal:

Each party to bear its own legal costs.

AML:

In accordance with Anti-Money Laundering Regulations, we shall require additional

information from the purchaser/tenants so that an online verification can be undertaken.

Tenure:

Freehold subject to the existing tenancies.

Terms:

Offers are invited in the region of £1,700,000 for the property subject to the existing tenancies. A purchase at this level provides a NIY of 5.75% after allowing for purchasers standard cost at 5.88%.

Service Charge:

To be confirmed.

Viewing:

By appointment only via seller’s sole agent: Willmotts Chartered Surveyors.

Tenure: Freehold