Investment
2 Battersea Rise, Clapham, London, SW11 1ED
Prime South West London Investment
- Rarely available mixed use investment in one of the most sought after locations in South West London.
- Excellent connectivity being only 0.39 mile (8 minute walk) from Clapham Junction, one of the Europe’s busiest transport hubs with approximately 500,000 passengers and 2,000 trains per day.
- Ground and lower ground floors let to The Humble Group Ltd for a further 15 years until expiry (5 years to break) benefitting from unfettered RPI linked reviews. Next review June 2027.
- Upper floor residential accommodation a valuable four-bed maisonette let on AST.
- Residential income is reversionary with the residential letting market having seen excellent growth in the last 12 months.
- Freehold
- Not elected for VAT.
Proposal
We are instructed to seek offers in excess of £1,680,000 (One Million Six Hundred and Eighty Thousand Pounds) subject to contract and exclusive of VAT. A purchase at this level would reflect a net initial yield of 6% on the commercial income and £675 per sq ft on the residential accommodation.
For further information or to arrange a viewing please contact myself or Dan Walker.
For further information please contact agents: