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Investment Highlights

  • The property is located in a densely populated mixed commercial and residential road, close to the major developments of Canada Water
  • Under full renovation to comprise a new Bar/Commercial space
  • Well placed for public transport with Canada Water (London Overground and Jubilee lines), and Rotherhithe (London Overground line) nearby
  • Long Leasehold sale of 250 years with a nominal ground rent

Executive Summary

Currently comprising a 1930s mock Tudor style former pub with full planning permission for development as 8 flats above ground and basement commercial space.
Planning permission has been granted for redevelopment as 8 flats above basement and ground floor commercial space. For more details please go to: https://planning.southwark.gov.uk/onlineapplications/applicationDetails.do?activeTab=summary&keyVal=ZZZV0KKBWR284

Property Facts

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Bar
Building Size
2,304 SF
Building Class
B
Year Built
1785
Price
$1,024,563 CAD
Price Per SF
$444.69 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.19
Lot Size
0.04 AC
Frontage
33’ on Albion Street

Amenities

  • Bus Line
  • Security System
  • Signage
  • Storage Space
  • Air Conditioning

Nearby Major Retailers

Starbucks
Homeland
Tesco Extra
Londis
Nisa
Sainsbury's
Costcutter
Morley's Fried Chicken
Co-op
Iceland
  • Listing ID: 32075950

  • Date on Market: 2024-06-10

  • Last Updated:

  • Address: 20 Albion St, London SE16 7JQ

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