Freehold commercial terrace with salon, five letting rooms and strong rental potential..
Potential rental income c. £28,000 per annum when fully let
A versatile freehold commercial terraced property in SA1 offering immediate income potential and flexible use. The ground-floor shopfront and large windows suit retail or service businesses; inside there is a salon area plus five letting rooms, kitchen, toilets and a rear courtyard. When fully let as rooms this building is estimated to generate around £28,000 per year.
This lot is sold at online auction (28 Aug 2025) under unconditional terms. Successful buyers must pay a 5% deposit on fall of the hammer and a buyer’s premium (5% + VAT, minimum £5,000 + VAT), with legal completion typically required 28 days afterwards. A legal pack and special conditions are available and should be reviewed before bidding.
The property is described as in good, move-in condition and has modern double glazing and mains gas heating. However the building is a system-built mid-century terrace with assumed no wall insulation and sits in a very deprived area — these factors may mean improvement works, energy upgrades or targeted lettings management are advisable.
For investors this is a clear refurbishment-and-let opportunity in a busy SA1 location with strong footfall and good transport links; for owner-operators it provides a ready salon/shop plus rental rooms to supplement income. Check the legal pack for any additional costs, and allow budget for possible fabric or compliance upgrades.
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