Call the team on 020 7625 9007 for more information
A Well Located Commercial Investment Producing £20,000 per annum
The property comprises lock up shop situated within a corner building currently arranged over ground and three upper floors.
Tenure
Long Leasehold. The property will be held on a new 999 year lease from completion at a peppercorn ground rent.
Location
The property is situated in the sought after south west London area of Battersea amongst the shops and amenites of Battersea Park Road. Nearby multiples include Sainsburys and Papa Johns. Transport links are provided by both Battersea Park (overground and rail lines) & Clapham Junction (overground and rail lines).
Accommodation
Ground Floor Shop Area 40.4 sq m (432.86 sq ft)
Tenancy
The property is let to an individual t/a Cafe Blanca on an FRI Lease for a term of 12 years commencing 31st August 2011 at a rent of £20,000 per annum.
Current Rent Reserved
Current Rent Reserved £20,000 per annum
The freehold will be offered at a future auction once the correct notices have been served.
VAT
VAT is applicable
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.