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- Four-storey office building
- Development potential
- 150m from Clapham High Street
- Estimated gross income of £110,000 p/a
- Estimated yield of 6.67% at asking price
- Suitable for a number of commercial uses
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.
Floor Plan View original
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Dexters - Development and Investments London, KT6 on +44 20 8033 5526 * (local rate)
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Dexters - Development and Investments London, and do not constitute property particulars. Please contact Dexters - Development and Investments London 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.