203 Wandsworth High Street London SW18 4JE

  • 203 Wandsworth High Street<br>London<br>SW18 4JE

203 Wandsworth High Street
London
SW18 4JE

High Street Dental Surgery Investment

  • Let to IDH limited t/a Mydentist
  • Popular and affluent South West London suburb
  • Tenant has traded from the property for approximately 20 years
  • 300 metres from the Southside Wandsworth Shopping Centre with occupiers including Waitrose, Wagamama, Starbucks, Primark, Pret A Manger, H&M, McDonald's and Uniqlo
  • Lot
    1
  • Auction
    11th July 2019
  • Rent
    £14,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £187,000
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    London W1H 7TN
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High Street Dental Surgery Investment

  • Let to IDH limited t/a Mydentist
  • Popular and affluent South West London suburb
  • Tenant has traded from the property for approximately 20 years
  • 300 metres from the Southside Wandsworth Shopping Centre with occupiers including Waitrose, Wagamama, Starbucks, Primark, Pret A Manger, H&M, McDonald's and Uniqlo
  • Lot 1
  • Auction 11th July 2019
  • Rent £14,000 per Annum Exclusive
  • Status Sold
  • Price £187,000
  • Sector
    Medical Centre/Doctors, Healthcare
  • Auction Venue
    The Montcalm Hotel
    2 Wallenberg Place
    London W1H 7TN

Property Information

Location
Miles
2 miles west of Clapham Common
6 miles south-west of the City of London
Roads
A3, M25
Rail
Wandsworth Town Railway Station
Air
London Heathrow, London Gatwick, London City Airport
Situation

The property is situated in the popular and affluent South West London suburb of Wandsworth. The property is prominently located on the busy High Street (A3) close to the junction with Putney Bridge Road, 300 metres from the Southside Wandsworth Shopping Centre with occupiers including Waitrose, Wagamama, Starbucks, Primark, Pret A Manger, H&M, McDonald's and Uniqlo.

Tenure

Virtual Freehold. Held for a term of 999 years from 29/09/2014 at a peppercorn rent.

Location
Miles
2 miles west of Clapham Common
6 miles south-west of the City of London
Roads
A3, M25
Rail
Wandsworth Town Railway Station
Air
London Heathrow, London Gatwick, London City Airport
Situation

The property is situated in the popular and affluent South West London suburb of Wandsworth. The property is prominently located on the busy High Street (A3) close to the junction with Putney Bridge Road, 300 metres from the Southside Wandsworth Shopping Centre with occupiers including Waitrose, Wagamama, Starbucks, Primark, Pret A Manger, H&M, McDonald's and Uniqlo.

Tenure

Virtual Freehold. Held for a term of 999 years from 29/09/2014 at a peppercorn rent.

Description

The property comprises self-contained dental surgery accommodation on the ground floor.

VAT

VAT is applicable to this lot.

Note

No 197 Wandsworth High Street is being offered as Lot 22.

Completion Period

Six Week Completion

EPC

Band D

Description

The property comprises self-contained dental surgery accommodation on the ground floor.

VAT

VAT is applicable to this lot.

Note

No 197 Wandsworth High Street is being offered as Lot 22.

Completion Period

Six Week Completion

EPC

Band D

Tenancy & Accommodation

Floor Use Floor Areas (Approx) Tenant Term Rent p.a.x Review/
(Reversion)
Ground Retail
58.89 sq m
(634 sq ft)
 IDH LIMITED
t/a My dentist (1)		 10 years from 24/07/2017
on a full repairing and
insuring lease (2)		 £14,000 24/07/2022
(23/07/2027)
Totals
58.89 sq m
(634 sq ft)
     £14,000  

(1) IDH Limited was incorporated in 1929. IDH Group functions through mydentist, which operates a network of 600+ NHS funded and private pay dental practices across the UK (Source: mydentist.co.uk 7/6/2019). The tenant has traded from the property for approximately 20 years.
(2) The lease provides for a tenant option to determine on 24/07/2022.

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Seller's Solicitors
Hamilton Downing Quinn 40, Ruskin House, 41 Museum St, Holborn
London
WC1A 1LT
David Jordan 0207 831 8939davidj@hamd.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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