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/Healthcare
Auction Venue The Montcalm Hotel 2 Wallenberg Place London W1H 7TN
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/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.
