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Freehold Sale - Investment Opportunity - Clapham High Street

For sale: £450,000.00|485 - 1,250 Sq Ft|Residential, Retail, Flat, General Retail, Retail - High Street, Leisure Property, Pubs/Bars/Clubs, Restaurant/Cafes, Mixed Use, Other, Licensed & Leisure, Other Property Types & Opportunities

Property details

FOR SALE£450,000.00
SIZE485 - 1,250 Sq Ft
ADDRESS9 & 9A Clapham High Street, London, Greater London, SW4 7TS
TYPEResidential, Retail, Flat, General Retail, Retail - High Street, Leisure Property, Pubs/Bars/Clubs, Restaurant/Cafes, Mixed Use, Other, Licensed & Leisure, Other Property Types & Opportunities
TENUREDevelopment Opportunity, Investment Opportunity, For Sale Freehold
POSTED ON2nd April 2022

Description


• Tenure: Freehold interest.
• The property is a commercial building comprising ground floor lock up shop and residential upper parts.
• Shop and premises: Lock up shop unit currently used as a restaurant. Permitted user: Class A3 of Town & Country Planning (Use Classes) Order 1987: Building was built around 1950.
• The commercial lease is a FRI lease with a term of 14 years which started from 4th October 2017 for £23,400.00 p.a with 3 yearly rent reviews (upwards only).
• The total Sq.ft of the ground floor commercial restaurant was measured at 485.5 Sq.ft. The restaurant has now been fully refurbished by the new tenant so best to re-measure.
• 9A is the upper floor of the building which comprises of a purpose built self-contained maisonette set over two floors. Residential: first floor: reception room and kitchen. Second floor: two bedrooms and bathroom. External: Roof terrace and retail storage area. Size: around 75.2m2.
• Long Lease Interest: The residential portion of the property is of Leasehold of Tenure is: 99 years from 25 June 1979. The lease was extended in 2019 for another 99 years and ground rent is now pepper corn.

Location

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Location: 9 & 9A Clapham High Street, London, Greater London, SW4 7TS

Clapham North (0.0 miles)

Clapham Common (0.5 miles)

Stockwell (0.5 miles)

Wandsworth Road (0.2 miles)

Clapham High Street (0.2 miles)

Brixton (0.7 miles)

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