Location: The property is situated on the south side of St John's Hill between the junction of Plough Road and Sangora Road. It is close to the popular Plough bar and restaurant and the new F45 gym. Clapham Junction station is only 5 minutes walk. The area is popular for interiors and homeware showrooms including kitchen, tile and carpet, lighting, doors and windows and the Leyland Decorating Centre. The surrounding area is high value residential and there is a good footfall to and from the station
Description: The property comprises a self-contained shop on ground floor and basement. The ground floor has a traditional timber framed shop front with a central recessed doorway. There is an open plan stairway leading to the basement. The basement has a fitted kitchen facility including fridge, dishwasher, microwave and plumbed sink unit, services/storage cupboard and WC. The headroom is 6ft3in (1.9m)with ground floor sales and basement office. The unit has electric heaters. The shop is finished to a high standard and is ready for tenant fit out.
Lease: The property is to be let on a new lease for 10 years with 5 year rent review and option of tenant break.a term to be agreed.
Rent: £25,000 per annum exclusive.
Business Rates:
London Borough of Wandsworth
Rateable Value (2023 list): to be assessed
SBR multiplier (2023/24): 49.9p in the £
This information has been obtained verbally and we would advise interested parties to verify this with the appropriate rating authority.
Legal Costs: The ingoing tenant to be responsible for both parties reasonable legal costs.
