Commercial property for sale in Lavender Hill, London SW11
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Property features
- Of interest to investors.
- A long leasehold retail investment
- Affluent south London area.
- Let to a Barbers at £16,500 per annum.
- 5 year lease with no breaks
- 999 year lease (virtual freehold)
Property description
Strapline
Auction Sale - 18/07/2023
Of interest to investors. A long leasehold retail investment within an affluent south London area. Let to a Barbers at £16,500 per annum.
Location
Situated to the north side of Lavender Hill, close to its junction with Basnett Road
Forming part of a a well established retail parade.
Other nearby occupiers include the Co-Op Supermarket, Sainsburys, Tesco and Ladbrokes.
There are also many other local independent traders and restaurants.
Clapham South is 0.5 miles to the south
Transport
Clapham Junction - National Rail
Tenancy
Let to an individual trading as e-Street Barbers on a 5 year lease from 16th August 2022.
The tenant has another unit in Hackney.
A 6 month rent deposit is held by the seller.
Accommodation
Ground floor - Retail area - 325 sq ft (30.1 sq m)
Basement - Store room, Wc - 125 sq ft (11.6 sq m)
Total area - 450 sq ft (41.8 sq m)
For more information about this property, please contact
Savills - National Auctions, W1G on +44 20 8022 4160 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Savills - National Auctions, and do not constitute property particulars. Please contact Savills - National Auctions 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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