Property photos
Auction
From
£450,000
Retail premises for sale
Lavender Hill, London SW11Local area information
Property location
Nearby amenities
- Shaftesbury Park Primary School 0.3 miles
- Belleville Wix Academy 0.3 miles
- Clapham Junction 0.5 miles
- Queenstown Road (Battersea) 0.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Clapham Junction, Battersea and Clapham Common to find out more about the local area.
Features and description
- An appealing freehold mid terrace building arranged as a shop unit let at £20,000 per annum
- Residential upper part having four self contained flats, one let on an assured shorthold tenancy, three flats sold on leases
- Planning permission for two additional floors to create a good size one bedroom flat with south facing sun terrace
- Near good shopping facilities and Clapham Junction station
- Investment let at £31,600 per annum.
Strapline
Auction Sale - 14/12/2022
An appealing freehold mid terrace building arranged as a shop unit let at £20,000 per annum and residential upper part having four self contained flats, one flat let on an assured shorthold tenancy, three flats sold on leases with planning permission for two additional floors to create a good size one bedroom flat with south facing sun terrace near good shopping facilities and Clapham Junction station - Investment let at £31,600 per annum
Description
An attractive mid terrace building arranged as a ground floor and basement shop unit trading as gnj Hairstudio.
Separate front entrance to four self contained flats on the first and second floors.
One second floor studio flat let on an assured shorthold tenancy, three flats sold on leases.
Location
Situated in a popular location on the south side Lavender Hill (A3036) near the junction of Thirsk Road.
The property forms part of a local parade serving a well populated surrounding residential area.
The shopping facilities along Battersea Rise and Northcote Road, where there are a good selection of cafes, bars and restaurants, are nearby.
The leisure areas of Clapham Common and Battersea Park are both within easy reach.
Access to the A3 provides good road links into central London and westwards to the M25.
Transport
Overground - Clapham Junction
National Rail - Clapham Junction
Tenancy
Ground Floor Shop and Basement - Let on a 10 year lease from 19th September 2016 at a rent of £20,000 per annum. September 2021 rent review outstanding.
£5,000 rent deposit held.
Second Floor Rear Flat - Two year assured shorthold tenancy from 15th June 2021 at a rent of £11,100 per annum.
Accommodation
Ground Floor - Shop Internal Width approximately 13' 2'',
Shop Depth approximately 34' 10''
Kitchen, Store, WCs
Basement - Store
First/Second Floors - Two Flats each sold on a 125 year lease from 25th March 1988
Total Ground Rent £300 per annum
One flat sold on a 125 year lease from 25th March 1987 Ground
Rent £200 per annum
Second Floor Rear Flat - Studio Room, Kitchen, Bathroom/WC
Planning
Permission (Application No: 2020/3309) was granted by Wandsworth Borough Council on 2nd November 2020 for erection of extension to form two additional floors of accommodation and formation of a roof terrace above 3 - storey back addition in connection with creation of an additional 1 x 1 bed flat.
A Community Infrastructure Levy ( Liability Notice Ref: LN00004178) of £36,362.46 is payable on commencement of the development.
The proposed development would comprises a reception room, kitchen and bathroom/wc on the third floor and a bedroom on the fourth floor totaling approximately 656 sq ft. There is provision for a south facing rear sun terrace of approximately 161 sq ft.
Auction Sale - 14/12/2022
An appealing freehold mid terrace building arranged as a shop unit let at £20,000 per annum and residential upper part having four self contained flats, one flat let on an assured shorthold tenancy, three flats sold on leases with planning permission for two additional floors to create a good size one bedroom flat with south facing sun terrace near good shopping facilities and Clapham Junction station - Investment let at £31,600 per annum
Description
An attractive mid terrace building arranged as a ground floor and basement shop unit trading as gnj Hairstudio.
Separate front entrance to four self contained flats on the first and second floors.
One second floor studio flat let on an assured shorthold tenancy, three flats sold on leases.
Location
Situated in a popular location on the south side Lavender Hill (A3036) near the junction of Thirsk Road.
The property forms part of a local parade serving a well populated surrounding residential area.
The shopping facilities along Battersea Rise and Northcote Road, where there are a good selection of cafes, bars and restaurants, are nearby.
The leisure areas of Clapham Common and Battersea Park are both within easy reach.
Access to the A3 provides good road links into central London and westwards to the M25.
Transport
Overground - Clapham Junction
National Rail - Clapham Junction
Tenancy
Ground Floor Shop and Basement - Let on a 10 year lease from 19th September 2016 at a rent of £20,000 per annum. September 2021 rent review outstanding.
£5,000 rent deposit held.
Second Floor Rear Flat - Two year assured shorthold tenancy from 15th June 2021 at a rent of £11,100 per annum.
Accommodation
Ground Floor - Shop Internal Width approximately 13' 2'',
Shop Depth approximately 34' 10''
Kitchen, Store, WCs
Basement - Store
First/Second Floors - Two Flats each sold on a 125 year lease from 25th March 1988
Total Ground Rent £300 per annum
One flat sold on a 125 year lease from 25th March 1987 Ground
Rent £200 per annum
Second Floor Rear Flat - Studio Room, Kitchen, Bathroom/WC
Planning
Permission (Application No: 2020/3309) was granted by Wandsworth Borough Council on 2nd November 2020 for erection of extension to form two additional floors of accommodation and formation of a roof terrace above 3 - storey back addition in connection with creation of an additional 1 x 1 bed flat.
A Community Infrastructure Levy ( Liability Notice Ref: LN00004178) of £36,362.46 is payable on commencement of the development.
The proposed development would comprises a reception room, kitchen and bathroom/wc on the third floor and a bedroom on the fourth floor totaling approximately 656 sq ft. There is provision for a south facing rear sun terrace of approximately 161 sq ft.
Floor plans and tours
Floor plans
No floor plan available
Tours
No virtual tour available
More information
Listed by
Savills - National Auctions
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