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Commercial investment for sale in London SW13

52 White Hart Lane, London, SW13 0PZ
For sale
£299,950 Offers Invited
willmotts-chartered-surveyors
This property is marketed by:
Willmotts Chartered Surveyors

Key features

  • Virtual Freehold Lock up commercial investment 
  • Village Like Location 
  • Income producing £19,000 per annum 
  • 15 Year FRI lease with no breaks 
  • Ideal SIPP Purchase 

Location

The property is situated on the western side of White Hart Lane close to its junction with Archway Street and The River Thames. It occupies a mid-terrace position in a parade of local retail shops comprising predominantly of independent boutiques and restaurant businesses. The property is 0.3 miles southwest of Barnes Bridge Station (Southwest Trains), offering regular access to and from Greater London, including Waterloo. Barnes is an affluent village like residential suburb in southwest London, just 9 miles southwest of Central London, and comprises the Barnes Village conservation area.

Description

The building comprises a mixed-use three-storey brick-built property under a pitched roof. The ground floor commercial unit fronting White Hart Lane comprises a retail unit which is let to a local firm of Estate Agents and has been recently fitted out in its corporate style. The property is rectangular in shape and affords a huge shop front.

User

We believe the premises fall under Class E and C3 Residential Dwellings of The Town & Country Planning (Use Classes) (Amendment) (England) Regulations 2020.

EPC

The commercial premises has an EPC rating of C (68). A copy of the EPCs are available upon request.

Tenure

999 years Leasehold, subject to the existing tenancy.

The ground floor commercial premises have recent been assigned to Sceon & Berne at a passing rent of £19,000 per annum exclusive which commenced on 22nd July 2022. The lease is effectively full repairing and insuring for a term of 15 years from 27th May 2022, expiring on and including 26th May 2037. There is an upward-only rent review pattern to open market value every five years. There is a deposit equivalent to 3 months of the head- line rent (£4,750) that is protected and is held by the landlord for the duration of the term


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