108 Evelina Road, Nunhead, London SE15 3HL Freehold in SE15 for Sale on Behalf of Administrators View More Information
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108 Evelina Road, Nunhead, London SE15 3HL Freehold in SE15 for sale on behalf of administrators View more information... 108 Evelina Road, Nunhead, London SE15 3HL Home Description Location Terms View all of our instructions here... III III • Freehold for sale in sought-after Nunhead, SE15 • Comprises GF commercial unit & first floor flat • ERV - c. £32,000 per annum • Ground floor may have residential conversion potential (stpp) • Sale on behalf of administrators • OIRO - £575,000 F/H DESCRIPTION An opportunity to purchase a mixed-use freehold property in popular Nunhead. The property comprises a ground floor commercial unit which measures c. 534 sqft with small garden and outbuilding and a tidy first floor one bedroom flat which measures c. 466 sqft. The property has an expected rental value of c. £32,000 per annum if let to separate commercial and residential occupiers. The ground floor unit may also have residential conversion potential following on from the precedent of converting ground floor commercial into a residential unit which has been set two doors down at 104 Evelina Road and also 116 Evelina Road. The property is therefore expected to be of interest to both residential developers, owner occupiers and private investors. The property is for sale on behalf of administrators. LOCATION The subject property is situated on Evelina Road (A2214) just off Peckham Rye (A2215) just on the periphery of the popular Nunhead Green Conservation Area. Nunhead Railway Station is approximately 0.3miles away, which provides frequent National Rail services into London Victoria in circa 15 minutes. Evelina Road and Nunhead Lane are home to and number of boutique retail shops, delis, wine bars and restaurants that have established themselves in the area following the increasing popularity of Peckham, Nunhead and the surrounding areas. E: [email protected] W: acorncommercial.co.uk 1 Sherman Road, 120 Bermondsey Street, Bromley, Kent BR1 3JH London SE1 3TX T: 020 8315 5454 T: 020 7089 6555 108 Evelina Road, Nunhead, London SE15 3HL Home Description Location Terms View all of our instructions here... III III PLANNING As of 1st September 2020 the ground floor commercial use which formerly benefitted from A1/A2 use will now benefit from class ‘E’ use which is a new use class that merges A1/A2/A3/B1 and some D1 & D2 operators into one use class. The property may offer potential for conversion to C3 residential either under permitted development or through a full planning application. Parties are advised to consult their own professional advisers. The property is not positioned within the Nunhead Green Conservation Area but is on the periphery. FURTHER INFROMATION Copies of floor plans, internal photographs, and individual rental/re- sale values are all available upon request. TERMS Offers in the region of £575,000 are invited for the freehold interest. VAT We understand that VAT is not applicable in this matter. EPC A copy of the EPC is available upon request. VIEWINGS All viewings are strictly by prior appointment through our London Bridge office on 020 7089 6555. A select number of block viewings will be taking place, please contact us for dates and times. For more This [brochure and its content] is copyright of Acorn Limited © 2016. All rights reserved. Any redistribution or reproduction of part or all E: [email protected] information of the contents in any form is prohibited. You may not, except with our express written permission, distribute or commercially exploit the contact: content, nor may you transmit it or store it in any form. W: acorncommercial.co.uk Steven Flannighan Acorn as our vendor’s agents have endeavoured to check the accuracy of these sales particulars, but however can offer no guarantee, 1 Sherman Road, 120 Bermondsey Street, 0207 089 6555 we therefore must advise that any prospective purchaser employ their own experts to verify the statements contained herein. All measurements are approximate and should not be relied upon. No equipment, utilities, circuits or fittings have been tested. Bromley, Kent BR1 3JH London SE1 3TX Meet the rest of the team... T: 020 8315 5454 T: 020 7089 6555.