171 Lavender Hill Battersea London SW11 5TE

  • 171 Lavender Hill<br>Battersea<br>London<br>SW11 5TE

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
    7th December 2017
  • Rent
    £102,179 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price
     
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
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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 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  • Status Withdrawn Post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)		 £16,899
Total Commercial
Floor Area
150.20 sq m
(1,617 sq ft)
 £102,179

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@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

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
Property InsuranceBrown & BrownNatasha WardBroking Director+44 7545 208 759bbrown.com

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