Grange Road, Bermonsdey, London, Se1

We are pleased to present a unique freehold opportunity with significant potential for development in the vibrant area of Bermondsey. This property, spread over the basement, ground, and first floors, offers a blend of commercial and residential spaces, with planning permission approved providing an exciting investment prospect.


Property Overview:
The ground floor and basement are currently occupied by Shahi Tandoori, a well-established and successful Indian restaurant with a strong local following. This commercial space benefits from a prominent corner position, enhancing visibility and foot traffic. Additionally, there is a garage located at the rear of the property, providing extra storage or parking potential.
The residential portion is situated on the first floor and requires full refurbishment, presenting an excellent opportunity for development. With the right vision, this space could be transformed to maximize the property's value, whether for continued rental income or resale.
Development Potential:
This property offers substantial development potential. Given its prime location, the mixed-use nature of the building, and the dilapidated state of the residential unit, there is the possibility to redevelop and optimize the available space. This could include converting the upper floor into modern residential apartments or enhancing the commercial offering on the ground floor.
Prime Location:
Strategically located on the corner of Grange Road and Bacon Grove, this property benefits from strong transport links and a bustling local community. It is just a 15-minute walk from Bermondsey Station, providing access to the Jubilee Line and easy connectivity to Central London. Grange Road also offers several bus routes connecting to key areas such as Canada Water and Shoreditch.
The property is surrounded by a mix of successful retailers, including popular establishments like Cafe Amisha and Cambele Pharmacy, contributing to a thriving local environment.
This is an exceptional opportunity to acquire a property with both immediate income potential and long-term development prospects in one of London's most sought-after areas.