SOLD

TypeResidential Investments · Retail Warehouse Investments

SE5 2, Coldharbour Lane, Camberwell, London

TenureFor sale

2, Coldharbour Lane, Camberwell, London, SE5 1/8

Specification

Property type
Property type Residential Investments · Retail Warehouse Investments
Tenure
Tenure For sale

Description

An attractive freehold commercial investment comprising a substantial 1,865 sqft ground floor retail unit with six residential flats above, sold off on long leases.

The ground floor is let to Paddy Power Bookmakers on a 10-year lease from 5 March 2025 at £57,500 per annum with a rent review, and tenant-only break option, at year five, providing income security with future growth potential.

The six upper flats generate a combined ground rent of £1,500 per annum (£250 per flat), producing a total current income of £59,000 per annum.

Offered at a guide price of £700,000, reflecting an attractive gross yield of approximately 8.4%, this represents a strong income-producing investment opportunity.

Freehold mixed-use commercial investment for sale

Ground floor commercial unit let to Paddy Power, producing £57,500 per annum

Total current income of £59,000 per annum

Attractive gross yield of 8.4%

Guide price: £700,000

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