Lewisham High Street Freehold Retail Investment Sold!

Greater London Commercial have sold a freehold betting investment, 137 Lewisham High Street in the London Borough of Lewisham!

Acting on behalf a local property company, the freehold interest has been disposed of to a local investor. The property was entirely let to Betting Shop Operations Ltd at a passing rent of £42,000 pa with a lease expiring in April 2026. The property offers potential to convert the upper floors to residential use or agree a new lease on improved lease terms.

This betting shop investment is located in Lewisham. Lewisham is a popular commercial centre and very densely populated area in South East London within the London Borough of Lewisham, Lewisham is undergoing significant private and public sector investment with good connections to central London.

We are delighted to have achieved this commercial property sale for our client in a difficult commercial sales market following an increase in borrowing rates. If you are thinking of selling your commercial property in Greater London give us a call for a no-obligation market appraisal!