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17 The Pavement, London

Shop for sale

£5,950,000 1,387 sq ft

Strettons
Highlights
  • Prominent trophy building
  • Underground transport in close proximity
  • Georgian period building
Property type

Shop for sale

Full address
17 The Pavement, London SW4 0HY – Clapham
Property owner
Pavement Management Corp
Asking price
£5,950,000
Available space range
There is 1 space available. This measures 1,387 sq ft.
Features
Courtyard
Brochure
Download the brochure
Contacts

Beverley Hedge - Strettons

Jon Morell - Strettons

Sale details

Sale unit 3902381 Available

1,387 sq ft, £4,289.83 per sq ft

Unit Sale unit 3902381
Address 17 The Pavement, London, London, SW4 0HY, GB
Size 1,387 sq ft
Price £5,950,000
Price per unit £4,289.83 per sq ft
  • *yield inclusive of commercial rental income only*.
  • The ground floor and basement are let to rjb stone ltd for a 10 year term from 19 september 2014. the current rental passing is £65,000 per annum exclusive and there is an upward only rent review in september 2019. the retail shop currently trades as “the common” coffee shop.
  • The flats/maisonettes are all let on assured shorthold tenancies (asts) and are currently generating an income of £96,020 per annum.
  • The total current income is £161,020 per annum.
  • Sale price price on application for the freehold interest subject to the existing leases and assured shorthold tenancies on the shop and flats respectively.
  • The acquisition of the share capital (100%) of the owning company is also available if required by any prospective purchas.
Sale type Investment
Tenure Freehold
More building details Less building details

Property facts for 17 The Pavement, London

The property comprises a prominent four storey detached Georgian Period building of solid brick construction beneath a timber framed and slate covered roof with parapet walls to the front and back gutter. There are original double-hung sash windows throughout.

Building subtype
Storefront retail residential
Number of storeys
5
Rentable building area
1,387 sq ft
Year built
1903

Attachments

PDF #1 Marketing brochure/flyer Download

This shop for sale is located in Clapham.

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Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Strettons. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Strettons for full details and further information.