Includes four self-contained flats with planning consent
Affluent and fashionable South West London suburb
Within 0.5 miles of Clapham Junction Rail Station
Close to Clapham Common and Battersea Park
Lot 14
Auction 7th December 2017
Rent £102,179 per Annum Exclusive
Status Withdrawn Post
Price
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
Property Information
Location
Miles
3 miles south-west of Central London, 375 metres to Clapham Common, less than 1 mile south of Battersea Park, 800 metres east of Clapham Junction station
Roads
A3, A3220, A3205
Rail
Clapham Junction
Air
London City Airport, London Heathrow, Airport and London Gatwick Airport
Situation
The property is situated in a prominent corner position on the south side of the busy Lavender Hill (A3036), at its junction with Longbeach Road in the heart of the fashionable suburb of Battersea. The property benefits from being approximately 800m from Clapham Junction Station.
Tenure
Freehold.
Location
Miles
3 miles south-west of Central London, 375 metres to Clapham Common, less than 1 mile south of Battersea Park, 800 metres east of Clapham Junction station
Roads
A3, A3220, A3205
Rail
Clapham Junction
Air
London City Airport, London Heathrow, Airport and London Gatwick Airport
Situation
The property is situated in a prominent corner position on the south side of the busy Lavender Hill (A3036), at its junction with Longbeach Road in the heart of the fashionable suburb of Battersea. The property benefits from being approximately 800m from Clapham Junction Station.
Tenure
Freehold.
Description
The property comprises ground floor restaurant accommodation benefiting from a return frontage and four self-contained flats on the upper floors.
VAT
VAT is not applicable to this lot.
Planning
Consent has been granted for the replacement of the existing mansard roof and the erection of a rear extension at third floor level and a mansard roof to the fourth floor to convert the top two flats to two bedroom flats with terraces.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises ground floor restaurant accommodation benefiting from a return frontage and four self-contained flats on the upper floors.
VAT
VAT is not applicable to this lot.
Planning
Consent has been granted for the replacement of the existing mansard roof and the erection of a rear extension at third floor level and a mansard roof to the fourth floor to convert the top two flats to two bedroom flats with terraces.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reviews
Ground Basement
Retail
115.19 sq m 35.01 sq m
(1,240 sq ft) (377 sq ft)
MOOD & CO LTD t/a The Lavender with a personal guarantee (1)
20 years from 03/03/2014 until 2034
£34,000
03/03/2019, 03/03/2024, 03/03/2029
First
Residential Flat C
2 Bedroom Flat
INDIVIDUALS
Let on an Assured Shorthold Tenancy agreement for a term of 12 months until 18/09/2018 (2)
£18,720
Second
Residential Flat B
1 Bedroom Flat
INDIVIDUALS
Let on an Assured Shorthold Tenancy agreement for a term of 12 months until 05/08/2018 (2)
£16,120
Third
Residential Flat A
1 Bedroom Flat
INDIVIDUALS
Let on an Assured Shorthold Tenancy agreement for a term of 12 months until 04/03/2018 (2)
£16,440
First and Second Floor Maisonette
Residential Flat D
1 Bedroom Flat
INDIVIDUALS
Let on an Assured Shorthold Tenancy agreement for a term of 12 months until 13/08/2018 (2)
