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Express Interest in this Property

Office with Redevelopment Potential, Clapham, Greater London

Clapham Family Practice, 51 Clapham High St, London SW4 7TL, UK

Basic Facts

Property ID: 15117 Post Updated: 2023-01-23 14:35:26
Status: Type:
Tenure: Freehold Area: 6858 sq ft
Gross Rent: £ 157,000 Gross Yield %: 5.7
Lease Term: 10 years from 16.07.2013 Lease Term Expiry Date: 16/07/23
Years left on Lease: -0.8 VAT applicable: No

Property Description

  • Freehold office in Greater London comprising of Ground, First & Second floors
  • Comprising a total GIA of 6,858 sq ft with off street car parking
  • Redevelopment potential for a variety of uses, subject to obtaining all consents
  • Adjoining property was granted permission for change of use to provide 7 residential units in 2015

Location Description

  • Clapham is located within the London Borough of Wandsworth and is an affluent and densely populated area of South West London some 3.5 miles from Central London
  • The area benefits from excellent road communications via the A3, A23 and A24 which all provide access to the the M25 motorway.
  • Clapham North Underground Station (Northern Line) and Clapham High Street Station (Overground) are both within approx. 250m of the property.
  • The property is situated 550m from Clapham Common on the south side of Clapham High Street, at its junction with Tremadoc Road
  • Occupiers close by include Sainsbury’s Local, Nando’s, Taco Bell, Metro Bank and McDonalds amongst many others

Tenancy & Additional Notes

  • Let to Matrix APA UK Ltd for 10 years from 16.07.2013, effectively FR&I with a passing rent of £157,000 p.a.
  • Rent review every 5th year
  • VAT is not applicable

Features

£1m - £5m
Attractive property
Freehold
No VAT applicable
Reversionary Opportunity
South London
Unconditional Site
Value-Add Potential

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Current Opportunities

Current Opportunity

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Vacant Retail Unit, Wokingham

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7586 sq ft
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Current Opportunity

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11300 sq ft
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Boots & Flat, Chingford, Greater London

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3792 sq ft
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Current Opportunity

Co-op Food, Bermondsey

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5326 sq ft
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Iceland, Houghton-Le-Spring

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High Yield

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