Retail premises for sale in Balham High Road, London SW12, £395,000

395,000.00

Offer Nr.:
65515654
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Acorn - Bromley Commercial
Phone(s):
020 8115 7729

* Leasehold
* Prominent commercial unit for sale
* Located on popular Balham High Road
* Measures c. 1, 650 sqft over basement & ground floor
* Suitable for a variety of uses
* Guide Price: £395, 000 long leasehold
An exceptionally rare opportunity to purchase a highly prominent commercial
unit located on Balham's High Road.
The property is arranged over both ground & basement floors, and measures
circa 1, 650 sqft in total. The ground floor extends circa 931 sqft and is
arranged entirely open - plan, whilst the basement provides a further circa 719
sqft and is split into two sections (one of which would be perfect for
storage). The unit's frontage is prominent at approximately 4. 55 metres wide,
and to the rear is loading door and garden (which is shared with the
apartments above).
Benefitting from 'E' use class, the property would suit a wide variety of
possible occupiers, including but not limited to: Retail, café/restaurant,
financial/professional services, leisure and medical.
The unit was most recently occupied by 'spar' who are a highly established
international convenience store business. The passing rent was £40, 000 per
annum, although the Estimated Rental Value (erv) is in the region of £45, 000
per annum.

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