Auction House London

Lot 43

Commercial Property - Commercial Property 

42 Lavender Hill

Battersea, London, SW11 5RL

Sold Prior

Guide Price

A Freehold Ground Rent & Commercial Investment Producing £18,200 per annum

Description

Tenure

Freehold

Location

Lavender Hill is a popular parade in the South West London area of Battersea. Nearby multiples include William Hill, Sainsbury's, Cafe Nero and Whole Foods Market. Transport links are provided by Clapham Junction rail station and Clapham Common underground station (Northern line).

Description (2nd Column)

The property comprises an end of terrace building arranged as a ground floor lock up shop (A3 Use) along with two self-contained flats sold off on long leases over ground and two upper floors.

Viewing Details

Sold Prior

Addendum

Sold Prior

Accommodation & Tenancy Schedule

Property Floor Accommodation Tenancy Details Current Annual Rent
Restaurant (A3 Use) Ground Seating Area, Kitchen, Separate WC with wash basin Let to Parthenope Ltd on a 15 year lease from 31st August 2012 at a rent of £4,375 per quater £17,500
Flat 1 Rear Ground Two Bedroom Accommodation Sold off on a new 125 year lease £300
Flat 2 First & Second Three Bedroom Sold off on a new 125 year lease £400

Additional Fees

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.

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For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk

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