Situated on the bustling Well Hall Parade, this property features two commercial units with significant investment potential in a sought-after area of Eltham, within the Royal Borough of Greenwich. Just a short distance from Eltham Railway Station, which offers rapid access to Central London, the location is ideal for both business and residential conversions.
The first unit, currently leased to a gallery, encompasses approximately 1,577 sq.ft (146.5 m²) and includes two independent outbuildings that present an opportunity for conversion into residential studio apartments, subject to obtaining necessary planning permissions. The second unit is home to a coffee shop with a lease secured until December 2029.
With a total lettable area of 2,096 sq.ft (194.7 m²) and an annual rental income of £41,720, there is strong potential for capital appreciation and enhanced cash flow through strategic asset management. The proximity to local amenities such as Sainsbury's Local and various independent eateries adds further appeal.
This property not only offers immediate income but also the prospect for future redevelopment and increased value in a growing community.
