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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.
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.