Polemos House 388C Old Kent Rd 657 SF 100% Leased Retail Building London SE1 5AA $2,214,940 CAD ($3,371.29 CAD/SF)

An excellent opportunity to acquire an unbroken freehold mixeduse investment property in a prominent position on Old Kent Road, a well-connected and rapidly evolving area of South East London. The property benefits from strong transport links into Central London and is surrounded by ongoing regeneration, making it an attractive long-term investment.

The building comprises a ground floor commercial unit and three self-contained one-bedroom flats above. The shop is currently let and produces an income of £24,500 per annum. Of the three residential units, two are currently tenanted and generate a combined income of £32,700 per annum, with the remaining one-bedroom flat expected to achieve approximately £18,000 per annum. This brings the total potential rental income to £75,200 per annum.

The total gross internal area is approximately 2,500 sq ft, arranged as follows:

Ground floor shop: approx. 970 sq ft
Flat 1: approx. 554 sq ft
Flat 2: approx. 523 sq ft
Flat 3: approx. 453 sq ft

All sizes are approximate.

This is a strong income-producing asset with further potential to enhance returns, ideally suited to investors seeking a well-located mixed-use property in London.