This property presents a mixed-use investment opportunity in the heart of New Cross, comprising a retail space and a split-level residential flat. The retail unit, spanning approximately 110.6 sq. m (1,190 sq. ft.), is currently occupied by Square Pizza / Halal Chicken, generating a stable rental income of £3,000 per month (£36,000 annually). Above this commercial space is a two-bedroom flat measuring around 109.0 sq. m (1,173 sq. ft.), accessed through its own front door and currently yielding £2,000 per month (£24,000 per year) under an Assured Shorthold Tenancy agreement.
The property's prime location within the London borough of Lewisham offers excellent transport links with New Cross station just 110 metres away, providing convenient access to both National Rail and the London Overground services. Furthermore, the green expanse of Fordham Park is only a short walk away.
Notably, there exists potential for further development at the rear of the property via Grehan Mews, aligning with adjacent properties on New Cross Road—subject to obtaining necessary planning permissions. This further underscores the investment potential of this property for those looking to capitalize on residential and commercial growth in this vibrant area.
