**Standout Features:**
- Long leasehold retail unit on a prominent location on Camberwell Road
- Currently let to an independent hairdresser on a 5-year lease starting in 2023
- Rental income of £12,000 per annum, yielding a 9.6% gross investment yield
- VAT-free investment opportunity
- Close proximity to established shopping venues and amenities
- Excellent mobile signal and fast broadband speeds
**Potential Concerns:**
- High local crime rate
- Property has not been inspected internally
Embrace a lucrative investment opportunity with this ground floor retail unit situated in a bustling shopping parade on Camberwell Road. Currently leased by an independent hairdresser, this property offers a dependable income stream of £12,000 per year, representing a strong 9.6% gross investment yield on the guide price. With notable nearby retailers like Sainsbury's and Iceland, the location ensures high foot traffic and visibility.
Ideal for savvy investors looking to expand their portfolio, this VAT-free investment boasts retail space with renovation potential given its Victorian charm, characterized by a traditional London brick facade. Though the property presents a few challenges, including a high crime rate in the area and no internal inspection information, its promising yield and strategic location make it a compelling prospect. Don’t miss your chance to bid at the auction on April 8, 2025 – opportunities like this don’t last long!
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