Summary
The property is currently arranged as 4 floors of commercial space, with a planning application granted for: “Change of use of office (Use Class E) to 5x residential units (Use Class C3) with the provision for cycle and refuse storage – (ref: London Borough of Lambeth 22/04600/P3MA) and an additional Mews House to the rear." The scheme also includes the creation of large, lateral self-contained offices to the lower floor.
Key Points
- Mixed Use Building with Planning Permission Granted.
- Fully consented for 6 private homes.
- Additional Self-contained Commercial Unit.
- Super Central Clapham Old Town location.
- Low Capital Value of £369/p/sq/ft.
- Combined G.I.A. c. 5,258 sq.ft.
Viewings
Strictly by appointment only via agents Meridian Commercial Property Partners LTD on 020 7533 6400.
Location
Clapham represents a well-established and consistently high-performing submarket within South West London, underpinned by strong demographics, excellent connectivity, and a diverse amenity base. The area centres around Clapham Common, a substantial 85-hectare green space with historical significance dating back to the Domesday Book of 1086. Beyond its heritage value, the Common acts as a key driver of footfall and local activity, hosting regular events that support both daytime and evening economies.
Clapham Park Road occupies a strategic position linking Clapham High Street—one of South London’s most active commercial corridors—with the affluent and highly regarded Abbeville Road. This connectivity ensures consistent pedestrian flow and visibility, with the surrounding area characterised by a strong mix of national occupiers, established leisure operators, and independent retailers. The local commercial environment benefits from sustained demand, supported by a dense and affluent residential catchment with strong disposable income.
Transport infrastructure further enhances the investment proposition. The Northern Line provides fast and direct access to Central London, with journey times to the City typically within 15 minutes. This level of accessibility supports a large and mobile workforce, increasing both daytime population and consumer spend. In addition, the area benefits from extensive bus routes and proximity to overground services, broadening its catchment.
Clapham’s combination of strong footfall, established retail and leisure presence, and excellent connectivity underpins its position as a prime location for commercial investment. The area continues to demonstrate long-term resilience and growth potential, making it an attractive prospect for investors seeking stable income and capital appreciation within the London market.
Terms
PRICE: A ‘Guide Price’ of £1,600,000.
TENURE: Freehold.
VAT: The property is not elected for VAT.
PURCHASERS NOTE: There is a CIL Payment Notice of £284,000 for the development to occur.