73 Monarch Parade, London Road (A217) Mitcham London CR4 3HB

  • 73 Monarch Parade, London Road (A217)<br>Mitcham<br>London<br>CR4 3HB

73 Monarch Parade, London Road (A217)
Mitcham
London
CR4 3HB

High Street Retail Investment

  • Let to Jay's Mini Market with Personal Guarantee t/a Sankofa Mini Market
  • Comprises a Ground Floor Shop
  • Popular and Cosmopolitan South West London suburb
  • Situated in a busy Neighborhood Parade
  • Prominent position 1 mile from Colliers Wood Underground Station
  • Lot
    6
  • Auction
    15th December 2022
  • Rent
    £10,000 per Annum Exclusive
  • Status
    Withdrawn Post
  • Price
     
  • Auction Venue
    Live Streamed Auction
Important UpdateInterested?
  • Expand
  • Photos
  • Map

High Street Retail Investment

  • Let to Jay's Mini Market with Personal Guarantee t/a Sankofa Mini Market
  • Comprises a Ground Floor Shop
  • Popular and Cosmopolitan South West London suburb
  • Situated in a busy Neighborhood Parade
  • Prominent position 1 mile from Colliers Wood Underground Station
  • Lot 6
  • Auction 15th December 2022
  • Rent £10,000 per Annum Exclusive
  • Status Withdrawn Post
  • Price  
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction

Property Information

Location
Miles
7 Miles South of London's West End, 2.5 Miles South-East of Wimbledon, 3 .5 Miles South-West of Clapham
Roads
A23, A24
Rail
Colliers Wood Underground Station
Air
London Heathrow Airport, London Gatwick Airport
Situation

Mitcham is a popular and densely populated South London suburb, lying some 7 miles south of London's West End. Monarch Parade is situated on the east side of the busy London Road (A217) close to its junction with Armfield Crescent. The immediate locality is a cosmopolitan Neighbourhood Retail hub with an eclectic mix of local commercial traders. Other nearby occupiers in Mitcham include Asda, Morrisons and KFC.

Tenure

Virtual Freehold. Held for a term of 999 years from 2022 at a fixed rent reserved of a peppercorn.

Location
Miles
7 Miles South of London's West End, 2.5 Miles South-East of Wimbledon, 3 .5 Miles South-West of Clapham
Roads
A23, A24
Rail
Colliers Wood Underground Station
Air
London Heathrow Airport, London Gatwick Airport
Situation

Mitcham is a popular and densely populated South London suburb, lying some 7 miles south of London's West End. Monarch Parade is situated on the east side of the busy London Road (A217) close to its junction with Armfield Crescent. The immediate locality is a cosmopolitan Neighbourhood Retail hub with an eclectic mix of local commercial traders. Other nearby occupiers in Mitcham include Asda, Morrisons and KFC.

Tenure

Virtual Freehold. Held for a term of 999 years from 2022 at a fixed rent reserved of a peppercorn.

Description

The property comprises a ground floor retail unit

VAT

VAT is applicable to this lot.

Note

No 70 and No 74 Monarch Parade are being offered for sale as Lots No. 20 and 45.

Completion Period

Six week completion

EPC

E

Description

The property comprises a ground floor retail unit

VAT

VAT is applicable to this lot.

Note

No 70 and No 74 Monarch Parade are being offered for sale as Lots No. 20 and 45.

Completion Period

Six week completion

EPC

E

Tenancy & Accommodation

Floor Use Floor Areas
Approx sq m		 Floor Areas
Approx sq ft		 Tenant Term Rent p.a. Reversion
Ground Retail
44.63
(480)
 Jay's Mini Market (CRN 06968812) Guaranteed by J Hagan
(T/A Sankofa Mini Market)		 5 years 01/03/2020
£10,000
 28/02/2025
Total Approximate
Floor Area		  
44.63
(480) (1)
    
£10,000
  

(1) The 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.

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Seller's Solicitors
Blackstone Solicitors The Courtyard , 7 Francis Grove, Wimbledon
London
London
SW19 4DW
Fraz Hussain 020 8971 9520f.hussain@blackstonesolicitors.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
AquillaNatasha Ward+44 (0)20 3159 4314+44 (0)7545 208 759natashaw@aquillaib.co.uk

You may also be interested in

By clicking the Submit button I confirm that I would like to get updates on this Property. Please email me updates when they are published.

If you have a query, please fill in the box below, otherwise click the Submit button.

You have 200 character(s) left.

We will keep you updated about lot xthis property.

In the meantime, if you would like to speak to the Surveyor about this property, please call on .

Are you sure you want to remove this property from your Watch List?

Are you sure you are no longer interested in this property?

Are you sure you want to delete your Account?