South West London Retail Investment
South West London Retail Investment
Morden is an attractive South West London suburb some 9 miles from Central London. The property is situated on Tudor Drive at its junction with Dudley Drive, 400m south of Morden Park. Nearby occupiers include Asda, KFC and an eclectic mix of local retailers.
Virtual Freehold. Held for a term of 999 years from completion at a fixed rent of one peppercorn per annum exclusive.
Morden is an attractive South West London suburb some 9 miles from Central London. The property is situated on Tudor Drive at its junction with Dudley Drive, 400m south of Morden Park. Nearby occupiers include Asda, KFC and an eclectic mix of local retailers.
Virtual Freehold. Held for a term of 999 years from completion at a fixed rent of one peppercorn per annum exclusive.
The property comprises a ground floor shop trading as a Nail Salon.
VAT is not applicable to this lot.
Band B
The property comprises a ground floor shop trading as a Nail Salon.
VAT is not applicable to this lot.
Band B
| Floor | Use | Floor Areas Approx sq m (1) |
Floor Areas Approx sq ft (1) |
Tenant | Term | Rent p.a.x. | (Reversion) |
|---|---|---|---|---|---|---|---|
| Ground | Retail | 44.61 |
(480) |
AN INDIVIDUAL (t/a Beautiful Nails) | 16 years from 07/09/2010 | £12,000 |
(06/09/2026) |
| Total Approximate Floor Area | 44.61 |
(480) |
£12,000 |
(1) The floor areas stated above are those published by the Valuation Office Agency (https://www.gov.uk/find-business-rates)
(2) The Seller is holding a rent deposit of £2625.
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.
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