Rare opportunity to purchase a well-located office in the heart of Clapham.
Summary
- Located in the affluent southwest London suburb of Clapham. Less than 2 minutes’ walk to Clapham Common tube station and Clapham High Street.
- Comprising 4,471 sq ft office building (5,708 GIA) over ground and two upper floors.
- Multi let producing a current total income of £166,210 per annum.
- Low rent psf in comparison to headline office rents in Clapham achieving north of £40 psf.
- Vacant Possession achievable by April 2024.
- Freehold
- Planning permission granted for a single storey extension above the second floor front and first floor rear to provide an additional 1,116 sqft of accommodation.
- VAT is not applicable which will be beneficial to educational users and owner occupiers.
- Offers in excess of £3,000,000 Subject to contract and exclusive of VAT.
- NIY of 5.18%.
Cap val of £525 psf on the existing GIA and £439 psf on the consented scheme.
