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Units 1 & 2, Brick Kiln One, Station Rd 5,633 SF Retail Condo Unit Offered at $2,038,320 in London SE13 5FP
Investment Highlights
- Part of major Lewisham Gateway regeneration
- Established and growing retail catchment
- Excellent connectivity to Central London
Executive Summary
The property forms part of a modern mixed-use development within the Lewisham Gateway regeneration scheme, situated in a prominent urban position close to Lewisham mainline and DLR stations. The building provides contemporary retail accommodation at ground level, designed to serve a high-density residential and commuter population. The surrounding area comprises a mix of new residential developments, retail, leisure and public realm improvements, creating a well-integrated town centre environment.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Tenure | Long Leasehold |
| Sale Type | Investment |
| Tenure | Long Leasehold |
Description
The subject property comprises a prominent ground floor retail unit configured as a large-format supermarket extending to approximately 5,633 sq ft. The space is arranged in an open-plan layout suitable for high-footfall retailing, with dual frontage onto Lewisham High Street and Station Road. It also benefits from additional pedestrian access via Confluence Park, enhancing connectivity and visibility. The unit forms part of a modern mixed-use development within the Lewisham Gateway regeneration area, immediately adjacent to Lewisham Station.
Sale Notes
The property at Units 1 & 2, Brick Kiln One, Lewisham comprises a prime long leasehold retail supermarket situated within the Lewisham Gateway regeneration area, just one minute from Lewisham Station. The unit extends to 5,633 sq ft and is let to KIKI & MIUMIU Ltd on a 15-year FRI lease from January 2025, providing secure income of £125,000 per annum. The lease benefits from five-yearly RPI-linked rent reviews, offering built-in rental growth with a collar and cap. Offers in excess of £1,520,000 reflect a net initial yield of 7.75%, presenting an attractive London investment opportunity.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1 & 2 | 5,633 SF | Retail | $2,038,320 ($361.85/SF) | - |
Unit 1 & 2
| Unit Size |
| 5,633 SF |
| Condo Use |
| Retail |
| Price |
| $2,038,320 ($361.85/SF) |
| NOI |
| - |
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Unit 1 & 2
| Unit Size | 5,633 SF |
| Condo Use | Retail |
| Price | $2,038,320 ($361.85/SF) |
| NOI | - |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Description | |
| The subject property comprises a prominent ground floor retail unit configured as a large-format supermarket extending to approximately 5,633 sq ft. The space is arranged in an open-plan layout suitable for high-footfall retailing, with dual frontage onto Lewisham High Street and Station Road. It also benefits from additional pedestrian access via Confluence Park, enhancing connectivity and visibility. The unit forms part of a modern mixed-use development within the Lewisham Gateway regeneration area, immediately adjacent to Lewisham Station.</li></ul> | |
| Sale Notes | |
| The property at Units 1 & 2, Brick Kiln One, Lewisham comprises a prime long leasehold retail supermarket situated within the Lewisham Gateway regeneration area, just one minute from Lewisham Station. The unit extends to 5,633 sq ft and is let to KIKI & MIUMIU Ltd on a 15-year FRI lease from January 2025, providing secure income of £125,000 per annum. The lease benefits from five-yearly RPI-linked rent reviews, offering built-in rental growth with a collar and cap. Offers in excess of £1,520,000 reflect a net initial yield of 7.75%, presenting an attractive London investment opportunity.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 8,177 SF | Floors | 1 |
| Property Type | Retail (Condo) | Typical Floor Size | 8,177 SF |
| Property Subtype | Storefront | Year Built | 1920 |
| Building Class | B | Lot Size | 0.18 AC |
| Total Building Size | 8,177 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 8,177 SF |
| Year Built | 1920 |
| Lot Size | 0.18 AC |
Amenities
- 24 Hour Access
- Signage
- Storage Space
- Smoke Detector
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Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Units 1 & 2, Brick Kiln One, Station Rd
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