Units 3 and 4, The Stableyard, Broomgrove Road, SW9, is a rare South London freehold vacant possession opportunity of interest to developers/investors.
( Agency Pilot Software ref: 20012946 )
Location
The property is situated in a gated courtyard on the south side of Broomsgrove Road, which runs adjacent to the A203. The building is well positioned to benefit from the wide variety of cafes, bars and restaurants in the immediate vicinity. Stockwell (Northern and Victoria lines), Brixton (Victoria and National Rail) and Clapham North (Northern Line) are all within a short walking distance.
Accommodation
Second Floor 1,847sq ft ( 1,487sq m )
First Floor 1,843 sq ft (1,528 sq m )
Mezzanine Floor 521sq ft ( 465sq m )
Ground Floor 2,076sq ft ( 1,560sq m )
Total 6,287sq ft ( 5,040sq m )
Terms
Planning The planning authority is Lambeth Borough Council. The property is located within the Brixton Creative Enterprise Zone.
The property is not listed. Asset Management Opportunities Potential to either refurbish the existing office accommodation or look to convert to alternative uses including residential, subject to obtaining the necessary consents.
VAT The property has not been elected for VAT.
Proposal We are instructed to seek offers in excess of £1,400,000 for the freehold.
A purchase at this level reflects a low capital value of £278 per sq ft (NIA).
Specification
- Kitchenettes
- Excellent ceiling height
- Large French doors
- Excellent natural light
- WC’s r Skylights