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HSBC, Clapham, Greater London

240 Lavender Hill, Clapham, London, SW11 240

Basic Facts

Property ID: 3364 Post Updated: 2019-12-09 10:41:59
Status: Type:
Gross Rent: £ 65,000 Lease Term: Let to HSBC Bank Plc for 15 years from 14/11/2007
VAT applicable: No

Property Description

  • The Bank is arranged on the ground, basement, first and second floors of the building.
  • The ground floor comprises a banking hall with ancillary accommodation
  • The first floor is also operated as a banking hall whilst the second floor comprises offices

Location Description

  • The property occupies a prominent position on the north side of Lavender Hill at its junction with Mossbury Road, within a short walking distance of the shopping facilities of St John’s Road
  • It is approx. 200metres from Clapham Juction Railway Station.
  • This is a busy area of Clapham on Lavender Hill with nearby retailers such as Debenhams, JD Sport, Ladbrokes, Asda, Pizza Express, KFC and Halifax bank.
  • The London Borough of Wandsworth has a population of 260,000 residents, and is located 7 miles south of Central London
  • It benefits from excellent transport links to the capital both by rail (Victoria and Waterloo lines) and road (A3, A205, A3036).

Additional Notes

  • The property is held on a long lease of 99 years from June 1955 at a current rent of £170 p.a.
  • The property is held in a special purpose vehicle and therefore the whole company can be acquired to mitigate stamp duty

Features

Blue-chip tenant
Lease term: 10 - 15 years
No VAT applicable
Prime location

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