79 Lewisham High Street, Lewisham, London

This mixed-use freehold property presents a compelling investment and development opportunity in the vibrant heart of Central Lewisham. Spanning five storeys, including a basement, the property features a ground and basement retail unit currently leased to Timpson with a solid annual rental income of £19,150. Notably, this lease is secured until 2033 with the tenant subletting to a longstanding Snappy Snaps franchisee since 2004. The upper floors—currently vacant—offer significant potential for transformation, as they come with full planning permission to be converted into three one-bedroom flats. Additionally, there is consent for another one-bedroom flat through an airspace extension that is ready for development; all necessary structural calculations and soil reports have already been completed by the current owners. This positions the property as an 'oven-ready' project for any prospective buyer looking to capitalize on both immediate rental income from the retail space and the forthcoming residential units above.