Nearby occupiers include Dexters Estate Agents, Rochford Stokes Estate Agents and William Hill
Lot 17
Auction 11th December 2019
Rent £14,000 per Annum Exclusive
Status Sold
Price £185,000
Sector High Street Retail
Auction Venue The Montcalm Hotel 2 Wallenberg Place London W1H 7TN
On Behalf of Trustees
Property Information
Location
Miles
3 miles south-west of Central London
375 metres to Clapham Common
Less than 1 mile south of Battersea Park
750 metres east of Clapham Junction Station
Roads
A3, A3220, A3205
Rail
Clapham Junction
Air
London City Airport, London Heathrow Airport, London Gatwick Airport
Situation
Clapham is a popular and fashionable South West London suburb. The property is prominently located on the south side of the busy Lavender Hill (A3036), in the heart of Clapham. The property benefits from being approximately 800 metres from Clapham Junction Station. Nearby occupiers include Dexters Estate Agents, Rochford Stokes Estate Agents, William Hill and an eclectic mix of local traders.
Tenure
Virtual Freehold. Held for a term of 999 years at a fixed peppercorn rent (1).
Location
Miles
3 miles south-west of Central London
375 metres to Clapham Common
Less than 1 mile south of Battersea Park
750 metres east of Clapham Junction Station
Roads
A3, A3220, A3205
Rail
Clapham Junction
Air
London City Airport, London Heathrow Airport, London Gatwick Airport
Situation
Clapham is a popular and fashionable South West London suburb. The property is prominently located on the south side of the busy Lavender Hill (A3036), in the heart of Clapham. The property benefits from being approximately 800 metres from Clapham Junction Station. Nearby occupiers include Dexters Estate Agents, Rochford Stokes Estate Agents, William Hill and an eclectic mix of local traders.
Tenure
Virtual Freehold. Held for a term of 999 years at a fixed peppercorn rent (1).
Description
The property comprises a ground floor retail unit with basement ancillary accommodation and forms part of a larger building.
VAT
VAT is not applicable to this lot.
EPC
Band C. See legal pack at acuitus.co.uk
Description
The property comprises a ground floor retail unit with basement ancillary accommodation and forms part of a larger building.
VAT
VAT is not applicable to this lot.
EPC
Band C. See legal pack at acuitus.co.uk
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
Ground Basement
Retail Ancillary
43.03 sq m 54.98 sq m
(463 sq ft) (592 sq ft)
INDIVIDUAL t/a E-Cig Shop
5 years from 07/11/2019 on a full repairing and insuring lease
£14,000
06/11/2024
Totals
98.01 sq m
(1,055 sq ft)
£14,000
(1) The occupational lease is granted out of a 125 year lease which in turn is granted out of the 999 year lease. The buyer will benefit from the transfer of both titles.
If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
