This freehold commercial building presents a compelling renovation and investment opportunity in the bustling area of Penge. Spanning approximately 1,259 sq ft (117 sq m), the single-storey structure features high ceilings and an adaptable internal layout, allowing for various future uses.
The property also includes a small private courtyard, enhancing its appeal by providing additional outdoor space. With appropriate planning approvals, there is potential to add a second storey, enabling the conversion into a residential scheme with up to four self-contained flats. Alternatively, the flexible design makes it suitable for diverse commercial or mixed-use applications, catering to both developers and owner-occupiers.
Key highlights of the property include its freehold status with vacant possession, significant redevelopment potential (subject to planning), and its strategic location in Penge—an energetic South London suburb known for its excellent transport links and community amenities. This unique combination of factors enhances its attractiveness as a long-term investment or a project for immediate redevelopment.
