Freehold Betting shop and ground rent Investment in London.
The property comprising a 4 storey property with retail on ground floor and basement and 3 flats above (sold off).
Total floor area (ground and basement) of 503 sq ft
Location Description
The premises are in the Borough of Wandsworth on the southern side of Battersea Park Road (A3205)
The property enjoys a prominent corner position in the densely populated district of Battersea on the south side of Lavender Hill, which acts as the main thoroughfare through Battersea and leads north-east towards Vauxhall.
The property form’s part of a busy local retail parade with nearby occupiers including Tesco.
Tenancy and Additional Notes
Let Coral Racing Ltd bookmakers on an FRI lease for a term of 10 years from 28/3/2017 at a rent of £10,000 pa.
FLAT 1 Let for 125 years from 25/07/1984 – 1bed – ground rent £60 p.a
FLAT 2 Let for 125 years from 25/07/1984 – 1bed – ground rent £60 p.a
FLAT 3 Let for 125 years from 25/07/1984 – 1bed – ground rent £300 p.a