Shop for sale
Property description & features
- Tenure: Freehold
This retail unit is split over Ground and Basement Floor. The Ground Floor is approx. 2,460 sq. ft and the basement is approx. 1300 sq. ft. It is currently being run as a DIY Store.
The ERV of the commercial unit is approx £150,000 p.a and ground rent of £1200 p.a from 8 Flats above which reflects a Gross yield of 7.5 % excluding purchasers costs.
The retail unit is ideally positioned on Lavender Hill, one of the major thoroughfares in Clapham Junction. Lavender Hill is known for its lively atmosphere, lined with an array of shops, restaurants, cafes, and bars. The area enjoys a diverse community and attracts a diverse range of visitors, contributing to its lively and cosmopolitan ambiance.
The commercial spaces on the ground floor are versatile and cater to a range of businesses. They are designed to provide a welcoming and attractive storefront for retailers, service providers, and offices. The large windows allow natural light to flood the interior, creating an inviting and bright atmosphere. With high ceilings and well-appointed layouts, the spaces offer flexibility for various business needs.
One of the key advantages of this location is its exceptional connectivity. Clapham Junction Station is 5 minutes walking distance, which is one of the busiest railway stations in Europe. It offers regular train services to destinations such as Victoria, Waterloo, Gatwick Airport, and beyond. The stations strategic location ensures convenient access to both central London and other areas in the city.
In addition to the railway services, the address is well-served by multiple bus routes that pass through Lavender Hill and the surrounding area. These buses provide further connectivity and offer flexible transportation options for commuting and exploring different parts of London.
Furthermore, the availability of taxis and ride-hailing services adds to the convenience of transportation to and from the address. Taxis are readily accessible, providing a convenient and efficient means of travel for individuals and groups.
The area boasts numerous parks, such as Clapham Common, offering green spaces for relaxation and recreation. The diverse range of shops, boutiques, and supermarkets in the vicinity caters to everyday needs, while the lively nightlife scene adds excitement and entertainment options.
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Broadband availability and predicted speed
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Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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