188 Tulse Hill London Greater London SW2 3BU

188 Tulse Hill
London
Greater London
SW2 3BU

Freehold Retail and Residential Investment

Retail unit with three self-contained residential flats on upper floors (one let on AST)
Prominent position in bustling South London suburb
Excellent transport links via the A205 (South Circular) and A23
Nearby occupiers include Tulse Hill Post Office and Premier convenience store

Lot
43
Auction
14th February 2018
Rent
£18,050 per Annum Exclusive
Status
Withdrawn Post
Price
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
On behalf of a Major Fund Manager

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Freehold Retail and Residential Investment

Retail unit with three self-contained residential flats on upper floors (one let on AST)
Prominent position in bustling South London suburb
Excellent transport links via the A205 (South Circular) and A23
Nearby occupiers include Tulse Hill Post Office and Premier convenience store

Lot 43
Auction 14th February 2018
Rent £18,050 per Annum Exclusive
Status Withdrawn Post
Price
Sector
High Street Retail
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
On behalf of a Major Fund Manager

Property Information

Location

Miles: 5 miles south of Central London
Roads: A204, A23
Rail: Tulse Hill (London Bridge in 20 mins)
Air: London Heathrow, London City Airport

Situation

Tulse Hill is a densely populated area in the borough of Lambeth located 5 miles south of Central London. The property occupies a prominent position on Tulse Hill (South Circular), forming part of a local retail parade. The property benefits from strong transport links, with a comprehensive bus network on the South Circular and Tulse Hill Station within a 3 minute walk. Nearby occupiers include Tulse Hill Post Office and a Premier convenience store.

Tenure

Freehold.

Location

Miles: 5 miles south of Central London
Roads: A204, A23
Rail: Tulse Hill (London Bridge in 20 mins)
Air: London Heathrow, London City Airport

Situation

Tenure

Freehold.

Description

The property comprises a ground floor retail unit with three self-contained residential flats on the upper floors, two of which have been let on a long lease. The residential flats are accessed via a dedicated entrance off Tulse Hill.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Unit	Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reversion
188	Ground	Retail	20.90 sq m	(224 sq ft)	INDIVIDUALS t/a Fades n Blades	3 years from 20/03/2017	£6,000	19/03/2020
188a	Ground	Residential	One Bedroom Flat		INDIVIDUALS	1 year AST 07/02/2017	£12,000	06/02/2018
188b	First	Residential	Two Bedroom Flat		INDIVIDUAL	125 years from 13/02/2003 (1)	£50	12/02/2128
188c	Second	Residential	Two Bedroom Flat		INDIVIDUAL	189 years from 29/09/1985 (1)	-	28/09/2174
Total Commercial Area:			20.90 sq m	(224 sq ft)			£18,050