Lot 605 - 1-5 Waylett Place

Lot 605 - 1-5 Waylett Place

Address

1-5 Waylett Place, London SE27 9AF

Auction date

23 Apr 2025

Guide price

£850,000

Type

Commercial

Tenure

Freehold

EPC Rating

Unknown

Auctioneer

Savills

Description

This freehold industrial site encompasses a total area of approximately 792sqm (8,525 sqft) and currently features mixed-use structures including light industrial spaces and an outdoor yard. The site is ripe for redevelopment, allowing for multiple dwellings, pending the necessary approvals. The available space also includes five commercial units currently generating an income of £44,464 per annum, though the tenants are in arrears by £160,508. The opportunity is suitable for both investors and developers interested in maximizing income or pursuing their own uses.

Last update: 08 Apr 2025