Commercial studio for sale in Elephant & Castle, London

This property is marketed by:
Lim Commercial

Key Features

• Self-contained commercial studio
• Unit Class E (various uses)
• Long Leasehold close to Walworth Road.
• PRICE: £550,000

Location

The property is located on Steedman Street close to the junction with Walworth Road and within a short walk of Elephant & Castle underground station. There are also several bus routes that serve the immediate area to all destinations. An abundant of amenities can be found along the high street to include cafes, restaurants, supermarkets and financial organisations.

The Property

A ground floor self-contained commercial unit forming part of a mixed-use development. The accommodation is currently arranged as a ‘live/work’ unit but falls under Class E. The property benefits from under floor heating, wooden floors, ample storage, recessed spotlighting throughout including a large modern open plan eat-in kitchen, full bathroom and shower. There is also access to communal gardens and the property includes a secure underground parking space.

Tenure

A long leasehold of 125 years from 25th March 2004 with a ground rent of £250 per annum.

Vat

We understand VAT is NOT payable on the purchase price.

Price

Offered for sale at £550,000 to be sold with vacant possession.