Important Notice - Due to Covid-19 the auction will be a live-stream only sale. Click here to register for Remote Bidding
Withdrawn | Lot 73A

Ground Floor, 298 Battersea Park Road, Battersea, London, SW11 3BT

Withdrawn

  • Cafe
  • Tenure: Long Leasehold. The property will be held on a new 999 year lease from completion at a peppercorn ground rent.

Call the team on 020 7625 9007 for more information

Auction Date

Wed 25/03/2020

Auction Time

12:00

Auction Venue

Live Stream Only

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.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,200 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.