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Class E Office Investment For Sale, 177 and 179 Kirkdale, Sydenham , SE26 4QH

3,129 Sq Ft / Offices / Class E - incl Retail Leisure Healthcare

For Sale - £700,000.00

Available - Last updated: 10 October 2023

The property comprises adjoined neighbouring properties as follows.

177 Kirkdale is owned freehold and comprises a 4 storey mid-terrace building. The 1st, 2nd and 3rd floor flats have been sold off long-leasehold. Details on Pg 5. The commercial space comprises ground and 1st floor offices. The ground floor is open plan and 1st floor a mix of cellular offices and WCs. There is a large garden to the rear

179 Kirkdale is owned long leasehold and the interest comprises ground and lower ground floor offices and storage. The ground floor features a boardroom, kitchen and WC. The lower ground floor includes an office with natrual light and two storage rooms. There is a small courtyard garden to the rear.
( Agency Pilot Software ref: 25713 )

Location

177-179 Kirkdale is located 600m north west of Sydenham Station and the junction with Sydenham Road, where there are amenities including a Sainsbury’s Local and various food and beverage outlets including Nandos, Starbucks, The Greyhound pub as well as a Pure Gym and a selection of local retailers. There are further retail units 100m north of the property including a Tesco Express. Off the main road the surrounding area is predominantly residential and there are a number of schools in the vicinity. Sydenham Station provides London Overground and Southern services. The Overground runs south to West Croydon and north to Highbury & Islington via New Cross Gate, Surrey Quays and Shoreditch. Southern services run to London Bridge (from 17 mins) and London Victoria (from 38 mins)

Accommodation

177 – Freehold property comprising ground and 1st floor offices, plus 3 x flats sold off on long-leases.

Terms

ALTERNATIVE USES The commercial elements of the property have been used for the past 32 years as architects offices. We therefore assume the established use to be as offices under Class E. The property would suit continued use as offices. The property may suit alternative uses under Class E including nurseries, medical and veterinary occupiers or a gym. There may be scope for a change of use to a Class F education or religious use, subject to planning permission.

ASSET MANAGEMENT OPPORTUNITY There may be an opportunity to negotiate lease extensions with the leaseholders of Flat 2 (86 years remaining) and Flat 1 (64 years remaining). We recommend interested parties take advice from a leasehold enfranchisement surveyor and solicitor in respect of this matter

Specification

AMENITIES

• Fluorescent lighting
• Solid floors with carpeting
• Kitchen to 179 Kirkdale
• Gas-fired central heating
• Male & Female WCs to 1st Floor 177 Kirkdale
• Disabled WC to 179 Kirkdale
• Large rear garden to 177 Kirkdale and courtyard garden to 179

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £700,000.00 NA

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Thomas Tarn

SHW

01372 390335

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