Auction House London

Lot 10

Cafe - Commercial Property 

Ground Floor, 298 Battersea Park Road

Battersea, London, SW11 3BT

£225,000+

Guide Price

A Well Located Commercial Investment Producing £20,000 per annum

Description

The property comprises lock up shop situated within a corner building currently arranged over ground and three upper floors.

Tenure

Long Leasehold. The property will be held on a new 999 year lease from completion at a peppercorn ground rent.

Location

The property is situated in the sought after south west London area of Battersea amongst the shops and amenites of Battersea Park Road. Nearby multiples include Sainsburys and Papa Johns. Transport links are provided by both Battersea Park (overground and rail lines) & Clapham Junction (overground and rail lines).

Accommodation

Ground Floor
Shop Area 40.4 sq m (432.86 sq ft)

Tenancy

The property is let to an individual t/a Cafe Blanca on an FRI Lease for a term of 12 years commencing 31st August 2011 at a rent of £20,000 per annum.

Current Rent Reserved

Current Rent Reserved £20,000 per annum

Note

The freehold will be offered at a future auction once the correct notices have been served.

VAT

VAT is applicable (TOGC available)

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.

View Details as PDFEnquire NowRegister to Bid
Due to government guidelines, we will not be hosting Open House Viewings For further information, please register for the legal pack. For all enquiries, please contact Jamie Royston on jamie@auctionhouselondon.co.uk
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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