Investment for sale

Commercial Property with Development Potential & Vacant Possession

About:
An end of Terrace commercial building that occupies a prominent corner position on Acre Lane . 89 Acre Lane is well-positioned midway along Acre Lane, Brixton, within walking distance of Clapham North (800m) and Brixton Tube (800m) stations, respectively.

The premise is a 3-storey building of largely brick construction The property benefits from commercial space in the basement and also has a single storey rear extension. The NIA of the current buildings is c,2,166 sqft Access to the upper floors is found at the side of the property and yard at the rear. Access to the basement is located through the main building. The property is all commercial use falling under use Class E.

It forms part of a busy parade featuring mostly independent retailers, cafes and bars.

The property has clear redevelopment potential to convert the building into a mixed-use scheme subject to gaining the necessary consents.

The vendors are seeking unconditional offers in excess of £750,000 or £50,000 To Let.

Planning:
Historically, 89 Acre Lane would have been commercial at ground floor with two floors of accommodation above. At some point (unspecified) the building was converted into a three storey restaurant with a kitchen on the second floor. Records indicate that the new shopfront was installed in 1965.

The use is currently E class allowing for a range of uses:
Restaurants
Offices
Nurseries
Cafes
Gyms

The site has clear redevelopment potential with a planning history:

Planning Permission Refused - August 2024
Planning Reference: 24/01624/FUL
Change of use and refurbishment of the existing building, involving the demolition of the existing rear return for the erection of a 3 storey rear extension to provide a ground floor (Class E) commercial unit, and 2 self contained residential units on the upper floors (Class C).

Planning Permission Granted - July 2025
Planning Reference: 25/00753/FUL
|Refurbishment of 89 Acre Lane, involving the demolition of the existing single storey rear outbuildings and closet return and their replacement with a new single storey extension with green roof, new closet return with green roof and fenestration changes.

Comparable Scheme

91 Acre Lane. London SW2 (Neighbouring Property)
Planning Permission Granted - November 2004
Planning Reference: 04/00744/FUL
Change of use of 1st and 2nd floor level storage to provide a self-contained residential unit, along with the demolition of part 1⁄2 storey rear extension and the construction of a 3 storey rear addition to provide 2 x 1 bed self-contained residential units with access onto Branksome Road. Including associated alterations.

The site is not in a designated flood risk zone, conservation, or heritage area.