Freehold development opportunity near station and high street amenities.
Chain-free freehold for the block included with this ground-floor commercial unit
Over 1,050 sqft internal area with a basement and private rear garden
Moments from Forest Hill Station, high street shops and multiple transport links
Requires full refurbishment; dated interior, worn finishes and remedial works needed
Reported damp and mould in parts — remediation will be necessary before reuse
Built circa 1880 with period brickwork; restoration could add character value
Small plot and garden; redevelopment scale is limited by site size
Area shows local deprivation which may affect rental levels and tenant mix
A chain-free, freehold commercial unit of approximately 1,054 sqft with private garden and basement, offered with a Guide Price of £225,000–£250,000. The title includes the freehold for the block, creating added control over the building and potential longer-term value for an owner-occupier or developer. The property sits moments from Forest Hill Station and the high street, with strong local footfall and multiple transport links to central London.
Internally the space is largely open-plan but requires comprehensive refurbishment. Images and descriptions note dated finishes, worn shop interiors, and areas affected by damp and mould — practical repair and remediation work will be needed before re-letting or repurposing. Built circa 1880, the building retains period yellow stock brickwork externally, which could be a restoration and branding opportunity.
This unit is best suited to a buyer seeking a hands-on development or value-add investment: options include modernising the retail/commercial space, converting to alternative commercial uses subject to consents, or improving the garden and basement for ancillary income. Buyers should budget for remedial works, potential services upgrades and an EPC to be obtained. Note the small plot size and local area deprivation; these factors affect redevelopment scale and achievable rental levels.
Practical benefits include a freehold title, immediate proximity to shops, schools and green spaces, fast broadband and excellent mobile signal, and easy access to Forest Hill transport links (approx. 15 minutes to London Bridge/Canary Wharf). The property is sold chain-free and will suit an investor, developer or local business prepared to carry out renovation and compliance work.
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