171 Lavender Hill
Battersea
London
SW11 5TE

Freehold Retail Investment

  • Restaurant let until 2034 (no breaks)
  • 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
    07/Dec/2017
  • Rent
    £102,179 per Annum Exclusive
  • Status
    Available
  • Price*
    £1,950,000
  • Sector
    High Street Retail
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
  • 171 Lavender Hill<br>Battersea<br>London<br>SW11 5TE
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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.

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

Buyer's Legal Report

For the ease and convenience of prospective buyers,to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is advisable. For more information, please click here.

Tenancy & Accomodation

FloorUseFloor Areas (Approx)TenantTermRent p.a.xReviews
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
£34,00003/03/2019,
03/03/2024,
03/03/2029
FirstResidential
Flat C
2 Bedroom Flat
INDIVIDUALSLet on an Assured
Shorthold Tenancy
agreement for a term
of 12 months until
18/09/2018 (2)
£18,720
SecondResidential
Flat B
1 Bedroom Flat
INDIVIDUALSLet on an Assured
Shorthold Tenancy
agreement for a term
of 12 months until
05/08/2018 (2)
£16,120
ThirdResidential
Flat A
1 Bedroom Flat
INDIVIDUALSLet 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
INDIVIDUALSLet on an Assured
Shorthold Tenancy
agreement for a term
of 12 months until
13/08/2018 (2)
£16,899
Total Commercial
Floor Area

150.20 sq m
(1,617 sq ft)
£102,179

Property Documents

  • Solicitors Legal Pack
    Updated Date
    01.12.17
    File Size
    30 MB
    Login to View
  • Catalogue Page
    Updated Date
    14.11.17
    File Size
    2 MB
    View PDF
  • Site Plan
    Updated Date
    14.11.17
    File Size
    1 MB
    View PDF
  • Common Auction conditions
    Updated Date
    27.03.17
    File Size
    124 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060519john.mehtab@acuitus.co.uk
Billy StruthBilly Struth +44(0)20 7034 4854billy.struth@acuitus.co.uk
Seller's Solicitors
Axiom Stone DVS House 4 Spring Villa Road
Edgware
Middlesex
HA8 7EB
Jaymini Ghelani 02089 516 984jg@axiomstone.co.uk

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