£370,000

Retail premises for sale

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Guide price

£370,000

(£438.82/sq. ft)

Retail premises for sale

Balham High Rd, London SW12

948 sq. ft

Local area information

Property location

Nearby amenities

  • Alderbrook Primary School 0.2 miles
  • Chestnut Grove School 0.2 miles
  • Balham 0.2 miles
  • Balham 0.2 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for Balham, Upper Tooting and Clapham to find out more about the local area.

Features and description

  • Good Transport Links

  • Vacant Possession

  • Off the Market Price
  • Investment Opportunity
  • Rental Investment: 40,000 – 45,000 Per Annum
Property overview


The property is a vacant ground floor and basement commercial unit in a mixed-use building the upper floors do not form part of the demise having been sold off on long leases. It is located in the east side of Balham High Road, between its junctions with Ormeley Road to the north and Bedford Hill to the south, in the London Borough of Wandsworth.

Potential: Potential for Restaurant / hot food take aways use, subject to obtaining appropriate consent.

Size: The property offers a substantial gross internal Ground floor area of 948 sq ft/m² also Basement gross internal floor area of 770 sq ft/m².
Description


The property comprises the ground floor and basement of a mid-terrace, mixed use building where there are residential upper parts which are not included within the demise.
We have been advised of the following gross internal floor areas:

Ground Floor Sq Ft Sq M
Shop Front 15' 2” 4.62m
Shop Depth 48' 4” 14.74m
Sales Area 855 79.43
*itza 562.1 52.22
Kitchenette 34 3.16
WC - -


Basement
4 x stores 641 59.55

The shop widens towards the rear as there is an indent towards the front from the staircase leading to the upper parts. At the rear of the shop is a small kitchenette.
Towards the rear of the shop is a staircase which leads to the lower ground floor where there are storerooms. This accommodation has a reasonable ceiling height providing usable basement accommodation which is more desirable than some of the competing properties nearby.

Location:

Located on Balham High Road, the property benefits from a diverse array of shopping facilities predominantly comprising independent traders catering to the needs of the local residential community. Additionally, within close proximity, one can find smaller branches of well-known retailers such as McDonald's, Boots, tk Maxx, and Lloyds Bank. Balham High Road forms part of the A24 which is an important arterial route leading northwards through Clapham towards the River Thames, whilst to the south leads to Merton, Epsom and further south directly to junction 9 of the M25. Transport accessibility is excellent, with Balham's train services situated at just a brief walk station. The underground station provides Northern line services, whilst the overground station provides mainline Southern services to London Victoria to the north, whilst also serving London Bridge via Crystal Palace. There is also one train per hour to Milton Keynes Central.

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

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  1. Zoopla
  2. Commercial for sale
  3. London
  4. South London
  5. Clapham
  6. Balham High Road

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