This property features a three-storey terraced building consisting of two interconnected retail units that have historically operated as a Chinese restaurant. The establishment is equipped with essential amenities, including a rear kitchen area, restrooms, tiled flooring, and air conditioning, all indicative of its past functionality.
Above the commercial space, the property includes three self-contained one-bedroom flats. Notably, a fourth flat has been sold on a long lease, which presents an opportunity for investment diversification. Additionally, previous planning permission was granted (though later lapsed) to construct another flat on the roof, pointing to potential for vertical expansion. There may also be possibilities for extending the structure towards the rear, pending approval from local planning authorities and adherence to building regulations.
Situated on the northern side of Woolwich Road between Hatcliffe Street and Commercial Place, this location benefits from easy access to major transport links including the Blackwall Tunnel via Blackwall Lane. The area is characterized by a bustling main thoroughfare surrounded by a high density of residential properties, making it an attractive spot for both commercial and residential investments.
The property is offered freehold, subject to existing leases and with one flat already under long leasehold terms. This unique combination of retail and residential space offers significant renovation and investment potential for those looking to enhance or reconfigure the current layout while capitalizing on the vibrant local community.
