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Commercial Property for sale in Houghton Square, Clapham

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Commercial Property - £200,000

Houghton Square, Clapham

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First listed on: 06th March 2015

Nearest stations: Clapham High Street (0.2 mi)Wandsworth Road (0.5 mi)Brixton (0.8 mi)Queenstown Road (Battersea) (0.9 mi)Loughborough Junction (1.2 mi)

Interested in this property? Call See phone number 020 7625 9007

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Property Description

**For Sale by Auction on 27th Feb 2014**

Unit 2, 378 Clapham Road, Clapham, London, SW9 9AN

A Ground Floor Commercial Unit Let Producing £16,000per annum Until May 2022. Suitable for Conversion to Residential Use Under the Right of Permitted Development (Subject to Obtaining all necessary consents).

Guide Price = £200,000+

Tenure
Leasehold. There are approximately 999 years unexpired on the lease.

Location
The property is situated in a private mixed use development off Clapham Road close to the shops and amenities of Clapham High Road. Transport links are provided by Clapham North underground station (Northern line) and Clapham High Street rail station.

Description
The property comprises a ground floor commercial unit (B1/D2) situated within a mixed use purpose built block arranged over ground and five upper floors. The property benefits from two entrances one off of Clapham Road and the other through the gated courtyard.

Accommodation
Ground Floor
Open plan Office with kitchenette

Separate WC

123.84m2 (1,333 sq ft)

Tenancy
The property is let on a FRI lease to PCP (Clapham) LTD producing £16,000 per annum increasing in May 2014 to £17,000 and thereafter by £1,000 per annum until May 2017.

Note
We understand that 1, 2 & 5 Houghton Square within the same development have already obtained residential change of use under Permitted Development Rights. Prospective purchasers should make their own enquiries.

EPC Rating C

Current Rent Reserved £16,000 per annum (Increasing to £17,000 in May 2014)

The property has been elected for VAT but will be sold as a TOGC

VAT is applicable

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Date History Details
03/02/2014 Property listed at £200,000

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Disclaimer

Disclaimer Property reference 9226EN5_4205174. Details are provided and maintained by Auction House London. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

This property is marketed by

Auction House London

5 Hampstead Gate

1a Frognal

Hampstead

NW3 6AL

Telephone: See phone number 020 7625 9007

Disclaimer

Disclaimer Property reference 9226EN5_4205174. Details are provided and maintained by Auction House London. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

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This property is marketed by

Auction House London

5 Hampstead Gate

1a Frognal

Hampstead

NW3 6AL

Telephone: See phone number 020 7625 9007

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