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3 & 7 Acre Lane - Ivor House 11,410 SF Retail Condo Unit Offered at $5,569,699 CAD in London SW2 5RS
Investment Highlights
- Mixed-use Art Deco building
- Recently refurbished asset
- 26 residential units above
Executive Summary
Ivor House is a prominent Art Deco mixed-use building occupying a corner position at the junction of Acre Lane, Buckner Road and Porden Road in Brixton. The property has been recently refurbished and comprises ground and basement commercial accommodation with residential apartments across the upper floors. It benefits from strong visibility, high pedestrian activity and close proximity to Brixton town centre and transport links.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Tenure | Long Leasehold |
| Sale Type | Investment |
| Tenure | Long Leasehold |
Description
The subject accommodation comprises two adjoining commercial units arranged across ground floor and basement levels, configured to provide a large-scale gym facility. The space offers extensive frontage onto Acre Lane and is fitted for leisure use, with open-plan workout areas and ancillary facilities typical of a modern fitness operator. The layout supports high member capacity and 24/7 access operations.
Sale Notes
A highly prominent South London gym investment located on Acre Lane, Brixton, forming part of a recently refurbished mixed-use Art Deco building. The property is let in its entirety to Brixton Fitness Limited (Anytime Fitness franchisee) on a 15-year lease from November 2023 with no break options, providing secure long-term income. The passing rent of £250,000 per annum reflects a low overall rate of £21.91 per sq ft, with five-yearly upwards-only reviews linked to RPI (collared and capped). The asset benefits from strong fundamentals including an affluent and growing catchment, excellent connectivity, and a well-established trading location. Offers are sought in excess of £2,935,000, reflecting a net initial yield of 8.00%.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 3&7 | 11,410 SF | Retail | $5,569,699 CAD ($488.14 CAD/SF) | - |
Unit 3&7
| Unit Size |
| 11,410 SF |
| Condo Use |
| Retail |
| Price |
| $5,569,699 CAD ($488.14 CAD/SF) |
| NOI |
| - |
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Unit 3&7
| Unit Size | 11,410 SF |
| Condo Use | Retail |
| Price | $5,569,699 CAD ($488.14 CAD/SF) |
| NOI | - |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Description | |
| The subject accommodation comprises two adjoining commercial units arranged across ground floor and basement levels, configured to provide a large-scale gym facility. The space offers extensive frontage onto Acre Lane and is fitted for leisure use, with open-plan workout areas and ancillary facilities typical of a modern fitness operator. The layout supports high member capacity and 24/7 access operations.</li></ul> | |
| Sale Notes | |
| A highly prominent South London gym investment located on Acre Lane, Brixton, forming part of a recently refurbished mixed-use Art Deco building. The property is let in its entirety to Brixton Fitness Limited (Anytime Fitness franchisee) on a 15-year lease from November 2023 with no break options, providing secure long-term income. The passing rent of £250,000 per annum reflects a low overall rate of £21.91 per sq ft, with five-yearly upwards-only reviews linked to RPI (collared and capped). The asset benefits from strong fundamentals including an affluent and growing catchment, excellent connectivity, and a well-established trading location. Offers are sought in excess of £2,935,000, reflecting a net initial yield of 8.00%.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 18,718 SF | Floors | 6 |
| Property Type | Retail (Condo) | Typical Floor Size | 9,332 SF |
| Property Subtype | Storefront Retail/Residential | Year Built | 2018 |
| Building Class | B |
| Total Building Size | 18,718 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Building Class | B |
| Floors | 6 |
| Typical Floor Size | 9,332 SF |
| Year Built | 2018 |
Amenities
- 24 Hour Access
- Security System
- Storage Space
- Smoke Detector
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Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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3 & 7 Acre Lane - Ivor House
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