• A1 shop lease available
• Rent £34,000 per annum or £8,500 quarterly
•For sale at a premium £44,950. O.N.O.
•Assignment of the existing lease which expires in June 2027
•Ground internal floor space of approx. 60 m2
•Excellent location

 

Location

The premises occupy an excellent position on High Street, just over 100 meters from Clapham Common Underground Station, and this particular business has been successfully running for almost 3 years.This section of High Street benefits from high levels of footfall and passing traffic with a good mix of shops, services, restaurants, and pubs. Nearby occupiers include Balans Soho Society, Be At One, Haché, Honest Burgers, Starbucks, Byron, Five Guys, Iceland, Waitrose, tsb Bank, Barclays. The property is located right opposite Clapham Common Park, one of London’s largest open spaces, situated between Clapham, Battersea, and Balham. Clapham Common is hosting festivals and events throughout the year such as South West Four, Race For Life, House of Common and Winterville. Just around the corner is the Clapham Old Town, and apart from the restaurants, there is a local cinema and a fresh food market held every weekend. Lambeth College is situated 2 blocks away. The area surrounding the site is very well provided for in terms of footpaths and pedestrian walkways connecting to shops, services, and residential housing. There are public bicycle parking facilities nearby and dedicated bicycle lanes run along Clapham Common. The site has a ptal rating of 6a (excellent).

 

Description

The building is a three-story mixed-terrace property. The shop currently trades as a sushi takeaway on the ground floor in a class use A1 and the two upper levels of the building are residential. The adjoining road: A24 is a busy commercial parade and the current business makes great use of the large pavement with an outside seating space.The store comprises a shop area at the front followed by a sales counter with a sushi preparation area. Thereafter is a staff room and a kitchen that leads on to a storage area, two toilet facilities and an external courtyard of some 20 m2 to the rear.The property benefits from a cooling ac in the front area for the summer months and multiple heating radiators in the front and the staff area for the winter. Currently with Uber-Eats, Just-Eat, Deliveroo, and Locale. Furnished and ready to use.

 

Business rates

The Valuation Office Agency Website describes the premises as ‘Shop and Premises’ and the 2017. Rateable Value is £28,109. Rates per annum approx £8,000 tbc by the local authority.Please refer to the Local Authority for more information on rates.

 

Legal costs

Incoming tenants to bear both sides reasonably related legal costs.

 

Viewing

Viewing is strictly by appointment only.