145 Lavender Hill Clapham London SW11 5QJ

145 Lavender Hill
Clapham
London
SW11 5QJ

Retail Investment Opportunity

Let until 2024 (no breaks)
Affluent and fashionable South West London suburb
Within 0.5 miles of Clapham Junction Rail Station
Close to Clapham Common and Battersea Park
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
Auction Venue
The Montcalm Hotel
2 Wallenberg Place
London W1H 7TN
On Behalf of Trustees

Important Update Interested?

Expand
Photos
Map

Retail Investment Opportunity

Let until 2024 (no breaks)
Affluent and fashionable South West London suburb
Within 0.5 miles of Clapham Junction Rail Station
Close to Clapham Common and Battersea Park
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

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 £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.