Battersea Park Road, London, SW11
£580.86 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,076-2,153 sq ft
100-200 sq m
- SECTOR
2 bedroom mixed use property for sale
- USE CLASSUse class orders: A1 Shops, C2 Residential Institutions and Class E
A1, C2, E
Key features
- Main road position in Battersea
- Three-storey end-of-terrace property
- Class E retail unit held on 25 year lease
- Two bedroom flat on 200 year lease
- Current rental income of £25,200 per annum
- Gross rental yield 4.03%
Description
Three-storey end-of-terrace property
Class E retail unit held on 25 year lease
Two bedroom flat on 200 year lease
Current rental income of £25,200 per annum
Gross rental yield 4.03%
The property is situated in the Battersea area of London, within the London Borough of Wandsworth. The area is centered approximately 3.5 miles southwest of Charing Cross and is one of the most sought after residential and commercial areas of London. The area has seen an uplift in desirability in recent years, fuelled by the Battersea Power Station redevelopment. Battersea is famed for its stunning 200 acre mature, Victorian park which offers a lake, ecological areas and recreational activities including tennis courts, children's playgrounds and cafes.
Whilst easily accessible by road, the area benefits from first-rate transport connections, with Clapham Junction being approximately 0.6 miles away, offering links to London Victoria, London Waterloo and Vauxhall.
The property is a three-storey end-of-terrace property. Constructed of brick, it is understood that the property originally formed part of a paper factory. The property has been well invested in in recent years and is well presented throughout.
The property comprises:
GROUND FLOOR
Lessee: Individual
Accommodation: Ground floor Class E unit. Approximately 36.86 m² (GIA)
Lease Details: 25 years commencing 2024. Part repairing and insuring. Landlord & Tenant Act 1954 protected. Rent deposit £6,000 held. Rent review every fifth year.
Current Rent: £24,000 per annum
UPPER FLOORS
Lessee: Individual
Accommodation: First and second floor maisonette. Two double bedrooms, two shower rooms, open plan lounge and modern kitchen (measuring approximately 66.3 m² (GIA). Suntrap roof terrace.
Lease Details: 200 years commencing 2024. Full repairing and insuring. Landlord & Tenant Act 1954 protected. Sub-letting permitted.
Current Rent: £1,200 per annum
The business is unaffected by this sale.
The sale is subject to the existing lease agreements.
All main services are connected.
Local Authority: London Borough of Wandsworth
Battersea Park Road, London, SW11
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Clapham Junction Station0.5 miles
- Imperial Wharf Station0.7 miles
- Queenstown Road (Battersea) Station1.0 miles
About Sidney Phillips Limited, South East
Shepherds Meadow, Eaton Bishop, HR2 9UA
About Sidney Phillips
Pub, hotel and restaurant specialists with a bespoke and personal service
Whether you are looking to buy or sell a pub or a licensed business, we take great pride in delivering a personable service.
Our comprehensive expertise and experience ensure we are able to provide the highest standard of service to clients in the market.
Sidney Phillips operates a bespoke agency service which can assist with buying and selling of both leasehol
Notes
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