Summary - Dexters,377-379 Kennington Lane,London,SE11 5QY SE11 5QY
1 bed 1 bath Retail Property (high street)
### Standout Features:
- **Prominent Location:** Situated at 377-379 Kennington Lane, London, SE11, close to Vauxhall transport links.
- **Mixed-Use Potential:** Includes a double-fronted commercial unit over the ground floor and basement with two split-level flats above.
- **Spacious Layout:** Commercial area of 547 sq ft with basement space of 445 sq ft, totaling 992 sq ft.
- **Accessibility:** Rear yard/parking area accessible from Harleyford Road.
- **Renovation and Use Opportunities:** Most recently used as an estate agency, suitable for a variety of businesses under Use Class E.
- **Freehold Ownership:** Offers long-term security with vacant possession of commercial space.
- **Investment Potential:** Ideal for owner-occupiers or investors, with leases on upper units creating additional income.
### Summary:
This versatile end-terrace mixed-use property presents a unique investment opportunity in a bustling location on Kennington Lane. The property features a spacious double-fronted commercial unit, totaling 992 sq ft, with both an open-plan area and additional meeting space, complemented by a useful basement and a rear yard for parking. Its prominent position just steps from Vauxhall station ensures foot traffic and visibility, surrounded by ongoing residential and commercial development that promise future growth.
While the current market climate presents challenges, this property’s potential for diverse commercial applications and the possibility for renovations or business adaptation makes it a compelling option for both first-time buyers and seasoned investors. The long leaseholds on the upper flats provide an extra income stream, enhancing its attractiveness. Don’t miss the chance to secure a freehold in this vibrant area for £495,000—it's a prime canvas ready for your vision!
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