Office for sale in Clapham Park Road, Clapham, London SW4

Dexters are delighted to present for sale the unencumbered freehold of this prominent four-storey office building (Use Class E since 1980) located within 150 meters of Clapham High Street.

Currently sub-divided into offices the building features a total area of circa 351 sq. M (3,781 sq. Ft) with the potential to extend either into the loft area or to the rear of the building subject to securing the necessary planning consents.

Located in the Clapham Common area within the London Borough of Lambeth, the property is conveniently located within 150 meters of Clapham High Street featuring a plethora of shop, bars and restaurants, whilst the open green space of Clapham Common is within 220 meters.

Clapham Common Underground station (Travelcard Zone 2) is within 180 meters, serviced by the Northern Line and providing trains to London Waterloo, Leicester Square and Euston Station.

Suitable for a number of commercial uses in addition the owners have submitted the following planning applications to Lambeth Council, both are currently pending determination.

Application Ref. 22/04600/P3MA was validated on 23rd December 2022. Application for Prior Approval for the change of use of office (Use Class E) to 5x residential unit (Use Class C3) with the provision for cycle and refuse storage.

Application Ref. 22/04294/P3MA was validated on 7th December 2022. Application for Prior Approval for the change of use from vacant office (Use Class E) to six residential units (Use Class C3) and provision of cycle and refuse storage.

Estimated Gross Rental Value of £110,000 per annum which represents a yield of 6.67% at the Guide Price.

Tenure - Freehold hm Land Registry Title Number SGL387799

Unconditional Offers Only Are Invited.

Note: The property is currently occupied by live-in guardians so all viewings must be arranged via Dexters.