Gipsy Lane, London SE27
- PROPERTY TYPE
Warehouse
- SIZE
2,160 sq ft
201 sq m
Key features
- Quote Reference number PR1002 when calling about this property
- Investment Opportunity
- Gypsy Hill
- Freehold
- 2160 Square Foot
- Close to Shops and Station
Description
Quote Reference number PR1002 when calling about this property.
Opportunity to purchase freehold warehouse building measuring 2,160sqft. Property is rented on 10-year lease to a builders merchant for £20,000pax,expiring in December 2028.
Strong location just off Gipsy Road, 0.3 miles from Gipsy Hill station (National Rail) and 1.4 miles from Crystal Palace station (National Rail & Overground).
The site may possess future development potential (subject to necessary planning consent being obtained.
We are inviting offers in excess of £350,000 for the freehold interest (£162psf), with the benefit of the existing income (5.7% NIY based on GP)
Location : The site is located along Hamilton Road, just off Gipsy Road. The surrounding area comprises a mix of residential and commercial and is a popular area to live and work. Gipsy Road runs south to Norwood Park and Crystal Palace and north to West Dulwich. The subject freehold is well located for public transport with Gipsy Hill train station (National Rail) just 0.3 miles to the south, with Crystal Palace Triangle and station 1.4 miles south (National Rail & Overground). There are also multiple bus routes and retail offerings close by.
The subject property comprises a part 2 storey and part
single storey office/warehouse building extending
2,160sqft.
It is located to the rear of a 3 storey building on the North side of Gipsy Road and is accessed via a side road of Hamilton Road. The accommodation is laid out over ground and basement floors.
The property is fully let to Martins Builders & Decorators Ltd on a 10-year lease, expiring in December 2028 and is outside the 1954 L&T Act. The next rent review is due on 13th December 2023.
Energy Performance Certificates
EPC 1Gipsy Lane, London SE27
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Gipsy Hill Station0.3 miles
- Sydenham Hill Station0.5 miles
- West Norwood Station0.7 miles
About the agent
Agent House is a collective of self-employed agents, with each agent given complete autonomy over the business that they run.
To ensure the service standards our clients receive is never compromised, we have incomparable industry values, only accommodating experienced and qualified agents.
The world is changing, with a clear swing in opinion for quality over quantity, and integrity before profit. Our view is that the estate agency industry in the UK should be no exce
Notes
Disclaimer - Property reference S44720. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Agent House, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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