This property is no longer on the market
Property
Property description & features
- Tenure: Freehold
- Prime freehold commercial property
- Part vacant possession
- ERV of whole £108,000
- Good footfall location
- Development potential
- Attractive SW London postcode
The property occupies a prominent position within a prime retail pitch within the Clapham area. The property is also within a short walk away from the Clapham Junction Overground Station. Some of the nearby operators include TKMaxx, M&S Food, Waterstones Flying Tiger, Vodafone, and Holland & Barrett. The transport links are also excellent with numerous buses passing outside the property.
Description:
The subject property is a mid-terrace three storey commercial building which was formally trading as opticians. The accommodation is arranged over Basement, Ground and First floors. The property will be provided with vacant possession of the basement and ground floors whilst there’s a firm of lawyers the occupying the first floor. There is an emergency exit discharging to the rear service road and the exist serves both the ground & first floor tenants.
User:
Class E of the Town & Country Planning (Use Classes) (Amendment) (England) Regulations 2020.
EPC:
The property has an Energy Performance Certificate rating of B(46). A Copy of the EPC is available upon request.
Legal:
Each party to bear its own legal costs.
Accommodation Schedule:
The property offers the following (NIA) approximate dimensions:
Tenure:
Freehold, subject to the existing tenancy.
Tenancies:
Ground floor and basement are offered on a vacant possession basis, with an ERV of circa. £70,000 per annum exclusive.
First floor is currently occupied by way of an FRI lease granted 11th July 2014 at rent of £25,000 per annum exclusive and the lease will expire in July 2024. We believe the ERV for this unit is circa £38,000 per annum exclusive in the current market.
Terms:
Offers are invited in the region of £1,450,000 for our client’s Freehold interest.
VAT:
The property has been elected for VAT purposes and such will attract VAT at the prevailing rate upon the purchase price.
Local Council:
London Borough of Wandsworth.
AML:
In accordance with Anti-Money Laundering Regulations, we shall require additional information from the purchaser/tenants so that an online verification can be undertaken.
Viewing:
By appointment only via seller’s sole agent: Willmotts Chartered Surveyors.
Emily Bradshaw M:[use Contact Agent Button] E: [use Contact Agent Button]
Huseyin Zafer M:[use Contact Agent Button] E: [use Contact Agent Button]
Varol Zafer M:[use Contact Agent Button] E: [use Contact Agent Button]
Shahid Sadiq M:[use Contact Agent Button] E: [use Contact Agent Button]
Property information from this agent
Places of interest
See more properties like this:
*DISCLAIMER
Property reference WILLC000799. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Willmotts Property Services - Commercial.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
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
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.