- Substantial mixed-use freehold property
- Ground-floor commercial premises and basement let at £17,500 per annum
- Two self-contained two bedroom residential apartments on the first and second floors
- Residential upper parts available with vacant possession upon completion
- Previous residential rental income of £48,000 per annum
- Combined historical rental income of £65,500 per annum, reflecting an illustrative gross yield of 8.
- Roof terrace at third floor level
- Opportunity for refurbishment, reletting and active asset management
- Freehold interest offered for sale, subject to the occupational commercial lease
FREEHOLD MIXED USE INVESTMENT OPPORTUNITY - Ground Floor Commercial Investment with Two Self Contained Two Bedroom Flats Above Residential Vacant Possession Available.
Investment Highlights
• Substantial mixed use freehold property arranged over basement, ground and three upper levels
• Ground floor commercial premises and basement let at £17,500 per annum
• Commercial lease for a term of 12 years, expiring 18 December 2037
• Four yearly open market rent reviews, with the next review in December 2029
• Two self contained two bedroom residential apartments on the first and second floors
• Residential upper parts available with vacant possession upon completion
• Previous residential rental income of £48,000 per annum
• Combined historical rental income of £65,500 per annum, reflecting an illustrative gross yield of 8.45% at the guide price
• Roof terrace at third floor level
• Opportunity for refurbishment, reletting and active asset management
• Freehold interest offered for sale, subject to the occupational commercial lease
The property comprises a substantial mixed use freehold building occupying a prominent position on Wandsworth Road, London SW8.
The accommodation is arranged over basement, ground and upper floors, comprising a commercial unit with ancillary basement accommodation and two self-contained residential flats above.
The ground floor and basement are subject to an existing commercial lease, producing an annual rental income of £17,500. The lease has an expiry date of 18 December 2037 and incorporates four yearly open market rent review provisions.
The residential upper parts comprise two self contained two bedroom apartments, each providing a reception room, separate kitchen, two bedrooms and bathroom. The property additionally benefits from a roof terrace at third-floor level.
The residential accommodation can be offered with vacant possession upon completion, providing flexibility for an incoming purchaser to undertake refurbishment and subsequent reletting or pursue alternative asset-management strategies, subject to any necessary statutory consents.
The upper floors have previously generated a combined annual rental income of £48,000, giving a total historical income for the building of £65,500 per annum when combined with the current commercial rent.
The property offers an opportunity to acquire a freehold investment with an established commercial income stream and vacant possession potential across the residential accommodation.
Accommodation
The building provides the following accommodation:
Basement Ancillary commercial accommodation, including kitchen and WC facilities
Ground Floor Commercial premises with street frontage
First Floor Self contained two-bedroom residential apartment
Second Floor Self-contained two-bedroom residential apartment
Third Floor Roof terrace and staircase access
Total Gross Internal Floor Area: Approximately 2,674 sq ft (248 sq m), as indicated on the supplied floor plan, subject to verification.
Tenure: Freehold.
The property is offered for sale subject to the existing commercial occupational lease, with the residential upper parts available with vacant possession upon completion.
Commercial Tenancy
The ground floor commercial premises and basement are let under a lease dated 20 May 2026.
Lease Summary
Ground Floor and Basement
Lease commencement 19 December 2025
Lease expiry 18 December 2037
Contractual term 12 years
Initial annual rent £17,500 per annum
Rent payment Quarterly in advance
Rent review Four yearly, to open market rent
Next rent review 19 December 2029
Permitted use Restaurant and hot food takeaway
Further details, including a copy of the occupational lease, are available upon request.
Residential Accommodation
The upper parts comprise two self contained two-bedroom apartments situated on the first and second floors.
Each apartment provides a reception room, separate kitchen, two bedrooms and bathroom.
The apartments have previously been let at £2,000 per calendar month each, producing a combined residential income of £48,000 per annum.
The residential accommodation can be made available with vacant possession upon completion, offering purchasers the opportunity to refurbish and relet the apartments at prevailing market rents, subject to their condition and any necessary consents.
Rental Income
Ground Floor and Basement Commercial £17,500
First Floor Two-Bedroom Flat £24,000*
Second Floor Two-Bedroom Flat £24,000*
Total £65,500
Residential figures reflect previous passing rents, not guaranteed future income.
At the guide price of £775,000, the combined historical rental income represents an illustrative gross yield of approximately 8.45%, before acquisition costs, operating expenses and any residential void or refurbishment costs.
Asset Management Potential
The property presents a range of opportunities for an incoming purchaser, including:
• Refurbishment and modernisation of the residential accommodation
• Reletting of the upper floors following completion of any required works
• Potential to enhance residential rental income
• Future commercial rental growth through the contractual rent review provisions
• Longer term investment and redevelopment opportunities, subject to planning permission and other necessary consents
Location
The property occupies a prominent position on Wandsworth Road within the London Borough of Lambeth.
Wandsworth Road is an established thoroughfare connecting Vauxhall, Nine Elms and Battersea, with a mixture of residential accommodation, independent commercial occupiers and local amenities.
The property benefits from access to the wider Nine Elms and Vauxhall districts, together with public transport connections serving Central London and surrounding areas.
Proposal
Offers are invited in the region of £775,000 for the freehold interest, subject to the existing commercial lease.
The residential accommodation can be offered with vacant possession upon completion.
Further Information and Viewings
For further information, access to the commercial lease or to arrange an inspection, please contact:
Amber & Co
020 8740 9944
Viewings strictly by prior appointment.
Business Rates
London Borough Of Hammersmith & Fulham
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
