*Guide | £1,700,000+ (plus fees)
- Restaurant
- Tenure: Long Leasehold. The property will be held on a new 999 year lease on or before completion at a peppercorn ground rent.
Call the team on 020 7625 9007 for more information
A Well Located Commercial Investment Comprising Three Adjoining Ground Floor Shops. Fully Let Producing £126,500+VAT per annum.
The property comprises a terrace of three adjoining ground floor commercial units within an existing parade on one title. The shops comprise of a wine bar, a hairdressers and a substantial double fronted restaurant.
Tenure
Long Leasehold. The property will be held on a new 999 year lease on or before completion at a peppercorn ground rent.
Location
The property is situated in the popular South West London area of Clapham amongst local shops and amenities. Nearby multiples include Sainsbury's Local, Nando's, McDonalds and local established traders. The open spaces of Clapham Common are within easy reach. Transport links are provided by both Clapham High Street overground station which is opposite the property and Clapham North underground station (Northern line) is also every easily accessible.
VAT
VAT is applicable (TOGC available)
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 £900 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
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Price Information
*Guides are provided as an indication of Each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. These include and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.