409 Norwood Road
Tulse HIll
London
SE27 9BU

Freehold Dental Practice Investment

  • Let to Colosseum Dental UK Partnerships Limited with a guarantee from Colosseum Dental UK Limited
  • Lease expires November 2033 (subject to tenant only break option in November 2023)
  • Busy main road frontage on Norwood Road (A215) and 200 metres from Tulse Hill Train Station
  • Asset Management and Change of Use Opportunities
  • Fashionable London Suburb
  • VAT-free investment
  • Lot
    5
  • Auction
    05/May/2021
  • Rent
    £49,000 per Annum Exclusive
  • Status
    Available
  • Price*
    Contact Us
  • Sector
    Medical/Healthcare
  • Auction Venue
    Live Streamed Auction
Important Update
  • 409 Norwood Road<br>Tulse HIll<br>London<br>SE27 9BU
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  • Photos
  • Map

* More information on the term "price" can be found here

Property Information

Location
Miles
1.5 miles south-west of Dulwich Village
5 miles south-east of Central London
Roads
A23, A205 (South Circular)
Rail
Tulse Hill (200m)
Air
London Gatwick, London Heathrow
Situation

Tulse Hill is in the London Borough of Lambeth, and is approximately 1.5 miles south-west of Dulwich Village and 5 miles south-east of Central London. The property is located on the east side of Norwood Road, close to its junction with Elmcourt Road in an excellent position less than 200m from Tulse Hill Station (Thameslink and Southern). The property is situated in a predominantly residential location, with private houses either side and nearby occupiers including Anytime Fitness, Elmcourt Health Centre and various independent shops and cafe's.

Tenure

Freehold.

Description

The property comprises a two storey terraced building with attic conversion, previously used as a dental practice, and prior to that a residential house, comprising seven rooms including 3 surgeries, as well as a kitchen, bathroom, w/c and office/attic. The property benefits from a large garden to the front and a small garden/yard area to the rear.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

D. See legal pack at www.acuitus.co.uk.

Tenancy & Accommodation

FloorUseFloor Areas
(Approx)
TenantTermRent p.a.x
Ground
First
Second (Attic)
Former Dentist/Ancillary
Former Dentist/Ancillary
Office
52.40 sq m
39.60 sq m
35.50 sq m
(563 sq ft)
(425 sq ft)
(382 sq ft)
COLOSSEUM
DENTAL UK
PARTNERSHIPS
LIMITED with a
guarantee from
COLOSSEUM
DENTAL UK
LIMITED (2)
20 years from
14/11/2013
until
13/11/2033 (3)
on a full
repairing and
insuring lease
£49,000
Total
127.50 sq m (1)
(1,370 sq ft) (1)
  £49,000

(1) Total Gross Internal Area is 148.30 sq m (1,592 sq ft).
(2) Colloseum Dental are one of the UK's major providers of dentistry with over 70 clinics and more than 750,000 NHS and private patients (www.colosseumdental.co.uk). The tenant is not currently in occupation.
(3) The lease is subject to a tenant option to determine in November 2023.

If you are the successful bidder, Acuitus requires a separate payment of £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Solicitors Legal Pack
    Updated Date
    23.04.21
    File Size
    12 MB
    Login to View
  • Catalogue Page
    Updated Date
    16.04.21
    File Size
    1 MB
    View PDF
  • Site Plan
    Updated Date
    16.04.21
    File Size
    717 KB
    View PDF
  • Common Auction conditions
    Updated Date
    16.03.21
    File Size
    687 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    07.10.20
    File Size
    1,016 KB
    View PDF
  • Customer Due Dilligence Form
    Updated Date
    20.05.20
    File Size
    585 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
George GoucherGeorge Goucher +44 (0)20 7034 4860george.goucher@acuitus.co.uk
Associate Auctioneers
Richard Lionel & Partners Cashel House, 15 Thayer Street
London
W1U 3JX
Charles Daniels 07795 298748cd@richardlionel.co.uk
Seller's Solicitors
Simmons Stein Solicitors Winston House, 2 Dollis Park
London
N3 1HG
Gary Simmons 020 8371 9600gary@simmons-stein.co.uk

Useful Links

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