The Lodge, 120a Lower Road, London, SE16 2UB

The Lodge comprises a modern detached building arranged over ground, lower ground and three upper floors beneath a flat roof with a mix of brick and timber clad elevations.

The property is mixed use with the ground and lower ground floor providing a commercial unit with eight residential flats above. The commercial and residential elements of the property both benefit from separate access, as well as a lift that serves each floor. There is one off-street disabled car parking space at the front of the property.

The ground floor accommodation straddles the entrance to the residential upper floors and provides two fitness studios and a café area. The main entrance to the unit is via a ramped entrance to the front section leading to the café area which will also include a small reception area, in turn leading to the two studios at the rear and other side of the stairwell to the upper floors. There is also a stairwell leading to the lower ground floor. A concrete counter separate the kitchen from the café area and also comprises small reception for the fitness studio. There are bi-fold doors to the rear of this section opening out onto a rear courtyard.

The studios are separated by retractable bi-fold timber partitions, with the rear studio benefitting from further bi-fold doors to rear the courtyard. There is a disabled WC on the ground floor.

The lower ground floor is accessed via a stairwell towards the rear of the right hand side (facing) of the ground floor and is subdivided to provide male and
female changing rooms (including WCs), a fitness studio / large treatment room, two smaller treatment rooms and a further separate WC. There is also an external concrete stairwell leading from the rear courtyard down to the lower ground floor.

The residential accommodation comprises eight flats, 6 x two bedroom flats and 2 x one bedroom flats arranged over first, second and third floors.

There is a pathway along the rear elevation leading to a gate which provides access to Southwark Park.

Location:

Rotherhithe is located within the London Borough of Southwark approximately 4.6 miles South-East of the West End and 3.6 miles South-East of the City of London. The property is situated on the edge of Southwark Park on the West Side of Lower Road, close to the junction with Orange Place and almost opposite the junction with Hothfield Place. The immediate area is a mix of residential, retail, a leisure centre and a school, whilst the wider area is becoming increasingly redeveloped with a mixture of new build river/dockside flats and apartments, warehouse conversions and modern housing schemes.
The area benefits from good transport links including Surrey Quays (London Overground) approximately 0.2 miles South-East of the property. Canada Water (Jubilee Underground and London Overground) is approximately 0.4 miles North-East and South Bermondsey (London Overground) approximately 0.8 miles South-West of the property.

Accomodation:

(1) We are awaiting confirmation from the managing agent for copy assured shorthold agreements and rental payments for Flats 3 and 6.

We note the Rateable Value for the commercial unit is £53,356. Source: VOA website.

The floor areas for the flats have been provided by the Receivers.

Online Auction on Thursday, 31 October 2024. For further information, such as legal documents and property information, please visit bidx1.com.