The subject property comprises a mid-terraced double retail unit with extensive ground floor areas and first floor and basement storage.
The upper floor flats comprise a mixture of studio, 1 bed and 2 beds and have been sold on long leases.
Location
The properties are located in a prominent position on Streatham High Road (A23), with extensive shop frontage and overlooking Streatham Common.
Streatham train station is less than a 10 minute walk from the property and provides easy access to London Bridge and East Croydon (Southern) and Thameslink services.
Bus stop for numerous routes outside of property.
Accommodation
Ground (GIA) - 3,790 sq. ft. (352.13 sq. m.)
First (GIA) - 1,169 sq. ft. (108.60 sq. m.)
Basement (GIA) - 749 sq. ft. ( 69.55 sq. m.)
TOTAL - 5,707 sq. ft. (530.28 sq. m.)
(1st floor below 1.5m headroom 190 sq. ft. (17.66 sq. m.)
Terms
TERMS - Freehold with vacant possession of the commercial space. The upper floor flats are let on long leases. See below for further details. Potential for lease extensions.
PRICE - £660,000
USE - Class E (Commercial, business and service uses).
VAT - The property is not elected for VAT.
EPC - Band D (94). Expires 28 March 2034.
Specification
- Double frontage to A23
- Substantial ground floor area
- Class E use.
- Considered ideal for restaurant/leisure uses
- Good public transport links