A Mixed Use Investment Offered with Planning Permission to Redevelop the Building to Provide Additional Retail Floor Space
Planning (2nd Column)
"Demolition of the existing rear storage unit and erection of a single storey rear extension with basement to provide additional retail floor space to an enlarged retail unit (Use Class A1) including alterations to the access to the retained residential units at first storey level, the provision of new refuse storage area, installation of a new shop front incorporating a cash machine (ATM) and internal alterations to the layout".
Note (3rd Column)
Accommodation & Tenancy Schedule
|Property||Floor||Accommodation||Tenancy Details||Current Rent|
|237-239 Northborough Road||Ground & Basement||Commercial Area||15 Year Leasehold with fixed upward only 5 year reviews||£66,000 per annum|
|237a Northborough Road||First||Reception Room, Bedroom, Kitchen, Bathroom with WC and wash basin||Let on an AST at £650 per calendar month||£7,800 per annum|
|237c Northborough Road||First||Reception Room, Bedroom, Kitchen, Bathroom with WC and wash basin||Let on an AST at £650 per calendar month||£7,800 per annum|
|239a Northborough Road||Second||Reception Room, Three Bedrooms, Kitchen, Bathroom with WC and wash basin||Let on an AST at £1,000 per calendar month||£12,000 per annum|
Administration charge: £1,200 including VAT unless otherwise stated in the addendum.
Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.
Enquire about 237-239 Northborough Road, Mitcham, London, SW16 4TR
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