Passing Rent: £80,000 p.a.x.
Alternative uses considered
Ground and basement
Excellent natural light
Good transport links
The property is located on a prominent corner position, at the junction of Northcote Road and Bramfield Road. The property benefits from good transport links, situated 0.6 miles (approximately a 10 min walk) from Clapham Junction Station. Numerous bus routes serve the property.
Northcote Road has a strong mix of local and national operators including Bayley & Sage, Oliver Bonas, Gail's Bakery, Trotters, Sweaty Berry, Joe & The Juice and Meat Liquor.
Description: The unit benefits from a glazed return frontage, as well as excellent natural light from the side. The unit currently comprises retail space at ground floor and ancillary storage in the basement, however the basement benefits from good head height and some natural light, therefore may be suitable for alternative uses. There is a high-quality fit-out, including wooden flooring and air conditioning, as well as kitchenette and WC.
Lease: Available via lease assignment of a 10 year lease from 1st August 2018 at a passing rent of £80,000 p.a.x. inside the 1954 Act, lease copy available upon request. Tenant-only break options in 2022 and 2025.
Planning: The property benefits from A1 planning consent. Alternative uses may be considered STPP.
Business Rates: Interested Parties are advised to make their own enquiries with Wandsworth Borough Council. COVID - 19 business rates relief may apply.
Rateable Value (2018) - £68,500.
EPC Rating: C - report available upon request.
Legal Costs: Ingoing tenant to be responsible for the outgoing tenants costs.