The studio forms part of a number of ground floor units. The studio provides a rectangular unit with high ceiling. Excellent natural light from windows within the ceiling. 1 car parking space. Currently used for commercial purposes.
Location
Brixton is located approximately 2 1/2 miles South West of central London. The area is very much up and coming with a lively local market, high street retailers, bars and restaurants. Nearest London Underground station Is Brixton (Victoria Line). Also mainline station (south eastern) to London Victoria. There are also numerous bus connections.
The subject premises are situated off Blenheim Gardens via Stewarts Place which is approximately a 15 minute walk from Brixton town centre.
Accommodation
Ground Floor: 65 sq m 700 sq ft (areas are approximate)
Terms
Tenure - The owner will consider either selling the long leasehold interest which is for a period of 125 years from 24th March 1988 (95 years remain). The current ground rent is £75 per annum. Use permitted within the long lease is commercial use only. Alternatively, the owner will grant a new lease on full repairing and insuring terms for a term to be agreed.
Price - £400,000 for the long leasehold interest.
Rent - £25,000 per annum exclusive on a new lease
VAT - We understand that VAT would not be applicable to either of the above sums
Business Rates - We understand that the premises are not currently assessed for business rates. Instead the unit is assessed for Council Tax.
EPC - C (69)
Specification
- Open plan
- WC/bathroom/shower
- White plaster painted walls
- Plaster painted ceiling
- 1 Car parking space
- Fitted Kitchen
- Excellent natural light
- Gas fired central heating
- Wooden floor
- Lighting