237 Munster Road Fulham London SW6 6BT

237 Munster Road
Fulham
London
SW6 6BT

Well Located Freehold Retail and Residential Ground Rent Investment

Shop let to Bakery trading as Little Sourdough Kitchen
Lease expires May 2027
Includes two flats above let on long leases
VAT free investment
Situated within an established local parade in an affluent South-West London suburb
Nearby retailers include Tesco Express, Co-operative Convenience Store as well as a number of independent cafés, restaurants & boutiques

Lot
1
Auction
30th March 2023
Rent
£21,300 per Annum Exclusive
Status
Sold
Price
£362,000
Auction Venue
Live Streamed Auction

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Well Located Freehold Retail and Residential Ground Rent Investment

Shop let to Bakery trading as Little Sourdough Kitchen
Lease expires May 2027
Includes two flats above let on long leases
VAT free investment
Situated within an established local parade in an affluent South-West London suburb
Nearby retailers include Tesco Express, Co-operative Convenience Store as well as a number of independent cafés, restaurants & boutiques

Lot 1
Auction 30th March 2023
Rent £21,300 per Annum Exclusive
Status Sold
Price £362,000
Sector
High Street Retail
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 0.8 miles from Parsons Green, 1 mile from King's Road, 2.2 miles south-west of Hyde Park
Roads: A4, A304, A308, A3218, A3219, M4
Rail: Parsons Green (District Line), Fulham Broadway (District Line), Hammersmith (Piccadilly, District and Hammersmith & City Lines), West Brompton (Overground & District Line)
Air: London Heathrow

Situation

The property is situated in an established parade within a popular and affluent retail and residential location on the western side of Munster Road. The property boasts excellent communication links being 0.8 miles from Parsons Green Station (District Line) and 1 mile from Fulham Broadway Station (District Line). Nearby retailers include Tesco Express, Co-operative Convenience Store as well as a number of independent cafés, restaurants & boutiques

Tenure

Freehold.

Location

Miles: 0.8 miles from Parsons Green, 1 mile from King's Road, 2.2 miles south-west of Hyde Park
Roads: A4, A304, A308, A3218, A3219, M4
Rail: Parsons Green (District Line), Fulham Broadway (District Line), Hammersmith (Piccadilly, District and Hammersmith & City Lines), West Brompton (Overground & District Line)
Air: London Heathrow

Situation

Tenure

Freehold.

Description

The property comprises an artisan bakery arranged on the ground floor and basement. The upper floors comprise two separately accessed flats let on long leases.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

Band C

Description

The property comprises an artisan bakery arranged on the ground floor and basement. The upper floors comprise two separately accessed flats let on long leases.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

Band C

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m (1)	Floor Areas Approx sq ft (1)	Tenant	Term	Rent p.a.x.
Ground Basement	Retail/Ancillary Ancillary	46.30 48.80	(498) (525)	MARCO POLO GEMELLI BAKERY & COFFEE LTD (t/a Little Sourdough Kitchen) (2)	10 years from 15/05/2017	£21,000
First/Second	Two Residential Flats	-	-	TWO INDIVIDUALS	Two leases each let for 125 years from 11/01/2005	£300 doubling in 2030 and every 25 years thereafter
Total Commercial Area		95.10	(1,023)			£21,300

(1) Areas provided by VOA (www.gov.uk/find-business-rates)
(2) Little Sourdough Bakery is an artisan bakery that offers a wide variety of fresh bread and pastries (www.facebook.com/people/Little-Sourdough-Kitchen). Please note a rent deposit of £4,750 is held by the landlord.

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.