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98 Webber St

2,196 SF 100% Leased Retail Building London SE1 0QL $2,158,309 ($983/SF)

Investment Highlights

  • The site is located on the corner of Webber Street and Belvedere Buildings
  • Residential redevelopment opportunity
  • Within the London Borough of Southwark which is a popular area for apartments and offices

Executive Summary

Freehold building for sale; with an existing 4-bedroom duplex and a ground floor 1,130 sq. ft. office and a lapsed planning consent for the demolition of the existing building and construction of a seven-storey mixed use building consisting of a ground floor 871 sq. ft. office, 3 x 1 bedroom apartments and 1 x 2 bedroom apartments.
The site is located on the corner of Webber Street and Belvedere Buildings, within the London Borough of Southwark which is a popular area for apartments and offices. Approximately 0.3 miles from Southwark station and 0.4 miles from Borough station.

Property Facts

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
2,196 SF
Building Class
C
Year Built
1900
Price
$2,158,309
Price Per SF
$983
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Slab To Slab
11’
Building FAR
2.52
Lot Size
0.02 AC
Frontage
22 FT on Webber St

Amenities

  • Storage Space

Nearby Major Retailers

Sainsbury's
Pret A Manger
Costa Coffee
Costcutter
Nando's
Coco Di Mama
9round Fitness
Club Pilates
itsu
Pure Gym
  • Listing ID: 30513933

  • Date on Market: 1/3/2024

  • Last Updated:

  • Address: 98 Webber St, London SE1 0QL

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