SE20 7HW - Commercial property for sale in High Street, Penge, SE20

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Commercial property for sale in High Street, Penge, SE20

Summary - 77, HIGH STREET SE20 7HW

1 bed 1 bath Commercial Property

**Standout Features:**
- Ground floor commercial unit (642 sqft) currently occupied by a solicitor firm.
- Two 1-bedroom residential apartments above, each with a leasehold of 62 years remaining.
- Modern styling with floor-to-ceiling windows in the commercial space.
- Rear kitchen, bathroom, and outside space offering functional versatility.
- Prominent High Street location, with excellent foot traffic and visibility.

**Potential Concerns:**
- Leasehold terms may pose challenges for mortgage lending.
- Average local area crime rates.
- Small plot size may limit future expansion opportunities.

This versatile property in Penge's bustling High Street encapsulates urban convenience and investment potential. Currently housing a solicitor's office, the ground floor commercial space is perfect for a range of businesses seeking high visibility and accessibility. Above, two one-bedroom leasehold apartments can provide additional rental income or personal living space, though buyers should note the 62 years remaining on the leases, which may impact financing options.

With modern interiors and functional amenities, including a rear kitchen and outdoor space, the property caters to both commercial and residential needs. The immediate area boasts a vibrant mix of local amenities within a short walk, making it an attractive spot for families and professionals alike. Given its prime location and investment appeal, this freehold opportunity is not expected to last long on the market. Don't miss the chance to secure a property that balances immediate business potential with valuable residential options.

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