Investment.

Clapham.

48-76 St Johns Road, SW11

Map View

Status.

Sold on 01/03/2015

Price.

£40,525,000

Location.

Clapham Junction is strategically located approximately 8km (5 miles) south west of Central London in Battersea close to both the A3 and the South Circular Road (A205).A popular, affluent suburb the area benefits from a strong demographic profile and the positive spending habits of the catchment population. Clapham Junction also benefits from excellent transport links.

Description.

The two retail blocks are attractive, traditional brick-built parades comprising in total ten prominent retail units arranged over ground and three upper floors, situated within the Clapham Junction Conservation Area. Internally the retail tenants have fitted out to their own corporate specification. Each of the units provide retail sales at ground floor level, with some benefiting from ancillary accommodation at basement level and/or first floor.

The majority of the upper floors for both blocks are residential flats with access at the rear from Eckstein Road or Comyn Road. The flats comprise 1, 2 or 3 bedrooms and are all held on Assured Shorthold Tenancies.They have all been refurbished and are in good condition. More detailed information on the individual flats is available upon request.

Rent.

£1,540,000.00 per annum exclusive

Tenant(s).

Argos, BHF, Brook Street, Natwest, Waterstones, Ryman, Claires & AST's

Tenure.

Freehold

Yield.

3.57% NIY

Share.

All viewings are strictly by prior appointment.

David Freeman.

Partner | Investment

Ed Smith.

Partner | Investment

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