Retail premises for sale in St John's Hill, Clapham Junction SW11

Guide price £575,000 (£522.73/sq. ft)
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Retail premises for sale 1,100 sq. ft*

Property description

Subject to contract


Location:
The property is situated on the north side of St John’s Hill at its corner with Louvaine Road. St John’s Hill is popular with bars and restaurants and benefits from a good surrounding residential catchment area with close proximity to transport links. Surrounding operators include Taverna Trastevere, Cheeky Chicos, The Schoolhouse and Sainsbury’s Local. Public transport is available from Clapham Junction mainline station.

Description:
The property comprises a prominent corner Class E and is arranged with a front seating area incorporating a bar with further seating on a mezzanine level and additional seating at the rear of the ground floor giving a approximately 50 covers. There is a rear kitchen and small store room. The premises also benefits from stripped wood flooring, track & inset spotlighting, an airconditioning unit and gas central heating. It is currently trading as a Thai restaurant (Kaosarn).

Accommodation:
The property comprises the following approximate areas and dimensions:-

Internal width (front) 18’10” ( 5.7m)
Seating area depth (max) 63’ 8” (19.4m)
Front seating area 575ft² (53.4m²)
Rear seating area 188ft² (17.5m²)
Mezzanine seating 133ft² (12.4m²)
Kitchen 229ft² (21.2m²)
Separate rear male and female WC/washrooms

tenancies:
The unit has a sublease for a term of 20 years from 25 May 2012 at a current rent of £35,000 per annum exclusive. There is provisional rent review on each fourth anniversary of the lease. Outstanding rent review from May 2020. There is a three months’ rent deposit on the premises.

The rateable value (2017 list) is £29,750

PDF copies of the Lease can be sent out on application.

Tenure:
Long Leasehold for sale for a term of 999 Years from 24 June 1986 on a peppercorn rent subject to the tenancies detailed above.

Price: £575,000 Plus VAT

legal costs:
Each party to bear their own legal costs.

Viewing:
Strictly by appointment through Sole Agents:
Bells commercial Ref: Rp

The Energy Performance Certificate has been commissioned and will be available on request

Subject to contract
please check current status and availability prior to incurring any expense


Bells for themselves and for vendors or lessors of this property whose agents they are given notice that:
(i) the particulars are set out as a general outline only for the guidance of intended purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract;
(ii) all descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them;
(iii) no person in the employment of Bells has any authority to make or give any representation or warranty whatever in relation to this property;
(iv) all applicants are advised to confirm prior to their appointment to view a property that it is still available and that all of the main details are unchanged.

Bells Commercial Limited are members of The Property Ombudsman Milford House 43-55 Milford Street Salisbury Wiltshire SP1 2BP Membership No. T01796 and operate an internal complaints procedure a copy of which is available on request.

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Bell's Chartered Surveyors, SW11 on +44 20 8033 5070 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Bell's Chartered Surveyors, and do not constitute property particulars. Please contact Bell's Chartered Surveyors for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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