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22 St Johns Rd 1,229 sq ft Retail Property London SW11 1PN £1,350,000 (£1,098.45/sq ft)
Executive Summary
This freehold retail investment opportunity is fully let to Greggs PLC on a 10-year lease commencing August 1, 2017, generating an annual rental income of £89,350. The property offers investors secure income from a strong national covenant with an unexpired term to July 2027 and an outstanding rent review from 2022. The asset comprises a ground floor open retail space with kitchen and ancillary areas, along with first-floor storage accommodations. Located in a densely populated and affluent section of Clapham, within the London Borough of Wandsworth, the property benefits from substantial pedestrian footfall driven by its position along St John’s Road, a major retail corridor close to Clapham Junction Station.
The area is home to numerous national and regional brands, including Sainsbury’s Local, Caffè Nero, Starbucks, Marks & Spencer, and Santander, supporting robust retail demand. Excellent connectivity via the A3, A23, and A24, alongside frequent train services to Central London and beyond, further enhances the property’s appeal. This asset provides a stable income stream in a prime London retail location, underpinned by a long-standing national tenant.
The area is home to numerous national and regional brands, including Sainsbury’s Local, Caffè Nero, Starbucks, Marks & Spencer, and Santander, supporting robust retail demand. Excellent connectivity via the A3, A23, and A24, alongside frequent train services to Central London and beyond, further enhances the property’s appeal. This asset provides a stable income stream in a prime London retail location, underpinned by a long-standing national tenant.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
1,229 sq ft
Costar Property Class
C
Year Built
1870
Price
£1,350,000
Price per sq ft
£1,098.45
Tenancy
Single
Number of Floors
2
Floor To Floor Height
10 ft
Plot ratio
1.06
Total Plot Size
0.03 ac
Frontage
15 ft on Saint John's Road
Amenities
- Bus Route
- Signage
- Storage Space
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Nearby Major Retailers
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22 St Johns Rd
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