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Freehold Investment Shop, Garage and Upper Part with Planning Permission Granted to Convert Upper Part into Two Self-Contained Units

Freehold Investment Shop, Garage and Upper Part with Planning Permission Granted to Convert Upper Part into Two Self-Contained Units

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Auction date

25 Mar 2026

Guide price

£325,000

Type

Commercial

Tenure

Freehold

EPC Rating

B

Status

Upcoming

Auction location placehbolder

Description

This property is located on Deptford High Street and is in proximity to local shopping and travel facilities, including both Deptford and New Cross Train Stations. Nearby amenities include Brookmill Park.

The property consists of aterrace shop, garage, and upper partthat has been arranged across three floors:

  • First Floor:Ancillary Accommodation
  • Ground Floor:Retail Premises
  • Lower Ground Floor:Basement Storage
  • Rear Garage

The entire property has a lease that is set to expire on August 3, 2026, with an annual rent of £14,460. A section 25 notice was served to the tenant by the seller, indicating the intent to terminate the lease. The tenant has acknowledged this notice and expressed interest in negotiating a new lease for a smaller section of the property, enabling the new buyer to maintain the current tenant.

Additionally, planning consent was granted by the London Borough of Lewisham on March 24, 2025, for the conversion of the first floor and loft space into two self-contained units. Relevant plans and documents are available for inspection.

The property generates an annual income of £14,460.

Last update: 08 Mar 2026

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