Estate Agents arranged on ground floor and basement
Prominently situated within an established local parade on South Circular Road (A205)
Affluent South-West London suburb
Close to Southside Shopping Centre where retailers include Five Guys, Wagamama, Pret A Manger, Cineworld, Decathlon and Uniqlo
Lot 10
Auction 30th March 2023
Rent £23,500 per Annum Exclusive (2)
Status Sold
Price £317,000
Sector High Street Retail
Auction Venue Live Streamed Auction
Property Information
Location
Miles
1.5 miles west of Clapham Common, 5 miles south-west of Central London, 6.5 miles south-west of City of London
Roads
A3, A205, A214, A3220
Rail
Wandsworth Town and Clapham Junction Railway Stations
Air
London Heathrow Airport and London City Airport
Situation
The property is located in an established retail parade within a popular and affluent retail and residential location in London Borough of Wandsworth. The property benefits from excellent transport links being 0.4 miles south of Wandsworth Town and 0.8 miles south-west of Clapham Junction Railway Stations respectively. The property is prominently situated on the south side of Huguenot Place (A205), close to Trinity Road (A214) and 0.5 miles east of Southside Wandsworth Shopping Centre where retailers include Five Guys, Wagamama, Pret A Manger, Cineworld, Decathlon and Uniqlo.
Tenure
Virtual Freehold. Held for a term of 999 years at a fixed peppercorn ground rent.
Location
Miles
1.5 miles west of Clapham Common, 5 miles south-west of Central London, 6.5 miles south-west of City of London
Roads
A3, A205, A214, A3220
Rail
Wandsworth Town and Clapham Junction Railway Stations
Air
London Heathrow Airport and London City Airport
Situation
The property is located in an established retail parade within a popular and affluent retail and residential location in London Borough of Wandsworth. The property benefits from excellent transport links being 0.4 miles south of Wandsworth Town and 0.8 miles south-west of Clapham Junction Railway Stations respectively. The property is prominently situated on the south side of Huguenot Place (A205), close to Trinity Road (A214) and 0.5 miles east of Southside Wandsworth Shopping Centre where retailers include Five Guys, Wagamama, Pret A Manger, Cineworld, Decathlon and Uniqlo.
Tenure
Virtual Freehold. Held for a term of 999 years at a fixed peppercorn ground rent.
Description
The property comprises an estate agent arranged on the ground floor and basement.
VAT
VAT is not applicable to this lot.
Completion Period
Six Week Completion
EPC
See Legal Pack
Description
The property comprises an estate agent arranged on the ground floor and basement.
VAT
VAT is not applicable to this lot.
Completion Period
Six Week Completion
EPC
See Legal Pack
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m (1)
Floor Areas Approx sq ft (1)
Tenant
Term
Rent p.a.x.
(Reversion)
Ground Basement
Estate Agents/Ancillary Ancillary
63.88 21.96
(687) (236)
CHESTERTONS GLOBAL LIMITED (CRN 05334580) (t/a Chestertons) (2)
10 years from 27/01/2015
£23,500
(26/01/2025)
Total Approximate Floor Area
85.84
(923)
£23,500
(1) The floor areas stated above are those published by the Valuation Office Agency (https://www.tax.service.gov.uk/business-rates-find/search?_ga=2.95983836.1113479513.1678285438-583597255.1671190025) (2) Chesterton was established in 1805 and is one of the UK's most enduring property brands. Today the business operates from a network of 31 offices providing clients with a full range of high quality property services including residential sales, lettings, property management, valuations and other property related matters. (Source: Chesterton Global Limited strategic report for the year ending 31st December 2021. For the year ending 31st December 2021 Chestertons Global Limited (CRN 05334580) reported a turnover of £58,327,000, a pre-tax profit of £11,717,000 and a net worth of £1,452,000 (Northrow Company Report 07/03/2023)
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
