302-314 New Cross Road, SE14 5 Properties Offered at $5,579,737 CAD in London

DEADLINE FOR PROPOSALS - 18TH JUNE - MIDDAY
- Freehold ownership of a high-profile site with strong redevelopment potential.
- Comprises a parade of six ground-floor retail units with upper parts and a large rear yard, all forming part of the generous 0.21-acre site.
- Positioned on the southern side of New Cross Road (A2) – a major commercial route with strong visibility and high footfall and excellent transport links via New Cross and New Cross Gate Stations.
- Existing buildings total circa 15,375 sq ft GIA and are predominantly offered with vacant possession, allowing for immediate redevelopment, subject to planning. (Exception: 314 New Cross Road, let to The Word Bookshop on a short-term 2-year lease (outside the 1954 Act, terminable with 6 months’ notice))
- Properties have been stripped back, ready for refurbishment or redevelopment (except No. 314)
- Positive pre-application feedback received for a comprehensive mixed-use redevelopment scheme, proposing: 19 residential units across upper floors (15,339 sq ft GIA), refurbished ground floor retail (Class E) – 2,239 sq ft NIA, basement storage, total proposed scheme area: 17,577 sq ft.
- Opportunity to deliver high-spec residential accommodation above a revitalised retail parade, creating a high-quality, income-generating mixed-use asset.