Freehold Retail and Residential Ground Rent Investment
Popular South London location
Retail unit let on a new 10 year lease until May 2035 (subject to option)
Includes two flats on the upper floors, let on long leases
Prominent position on busy arterial route connecting Clapham and Brixton
VAT-Free Investment
Lot 1
Auction 12th February 2026
Rent £30,000 per Annum Exclusive
Status Available
Guide* £340,000
Sector High Street Retail
Auction Venue Live Streamed Auction
Property Information
Location
Miles
5 miles south of Central London, 3 miles south-east of Battersea
Roads
A3, A202, A205
Rail
Clapham High Street, Clapham North Underground Station, Brixton Station
Air
London City Airport, London Heathrow Airport
Situation
The property is prominently situated on the north side of Acre Lane, a busy arterial route linking Clapham and Brixton. Nearby occupiers include Lidle, Magnet and a mix of restaurants, takeaways and DIY stores/builders merchants.
Tenure
Freehold.
Location
Miles
5 miles south of Central London, 3 miles south-east of Battersea
Roads
A3, A202, A205
Rail
Clapham High Street, Clapham North Underground Station, Brixton Station
Air
London City Airport, London Heathrow Airport
Situation
The property is prominently situated on the north side of Acre Lane, a busy arterial route linking Clapham and Brixton. Nearby occupiers include Lidle, Magnet and a mix of restaurants, takeaways and DIY stores/builders merchants.
Tenure
Freehold.
Description
The property comprises a retail unit on the ground and basement floors, with two separately accessed flats on the upper floors which are both let on long leases.
VAT
VAT is not applicable to this lot.
Note
As to the residential flats, the tenants have been served notice pursuant to Section 5B of the Landlord and Tenant Act 1987. The tenants has not responded to the notice within the timeframe (or not at all). Therefore, the tenants are not able to exercise their rights of pre-emption on this sale.
EPC
Retail - Band C
Description
The property comprises a retail unit on the ground and basement floors, with two separately accessed flats on the upper floors which are both let on long leases.
VAT
VAT is not applicable to this lot.
Note
As to the residential flats, the tenants have been served notice pursuant to Section 5B of the Landlord and Tenant Act 1987. The tenants has not responded to the notice within the timeframe (or not at all). Therefore, the tenants are not able to exercise their rights of pre-emption on this sale.
EPC
Retail - Band C
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m
Floor Areas Approx sq ft
Tenant
Term
Rent p.a.x.
Rent Review
Ground Basement
Retail Ancillary
55.48 49.79
(597) (534)
GO 4 GRANITE (LONDON) LTD
10 years from 30/05/2025 until 29/05/2035 (1)
£30,000
30/05/2030
First
Residential
-
-
INDIVIDUAL
172 years from 14/12/2009
-
-
Second
Residential
-
-
INDIVIDUALS
189 years from 29/09/1983
-
-
Total Approximate Commercial Floor Area
105.18
(1,131)
£30,000
(1) The lease provides for a Tenant option to determine on 30/05/2030. N.B. The commercial floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).
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.