Retail premises for sale in St John's Hill, Clapham Junction SW11, £575,000

575,000.00

Offer Nr.:
61575078
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Bell's Chartered Surveyors
Phone(s):
020 8033 5070

**Subject to contract
**
Location:
The property is situated on the north side of St John’s Hill at its corner
with Louvaine Road. St John’s Hill is popular with bars and restaurants and
benefits from a good surrounding residential catchment area with close
proximity to transport links. Surrounding operators include Taverna
Trastevere, Cheeky Chicos, The Schoolhouse and Sainsbury’s Local. Public
transport is available from Clapham Junction mainline station.
Description:
The property comprises a prominent corner Class E and is arranged with a front
seating area incorporating a bar with further seating on a mezzanine level and
additional seating at the rear of the ground floor giving a approximately 50
covers. There is a rear kitchen and small store room. The premises also
benefits from stripped wood flooring, track & inset spotlighting, an
airconditioning unit and gas central heating. It is currently trading as a
Thai restaurant (Kaosarn).
Accommodation:
The property comprises the following approximate areas and dimensions: -
Internal width (front) 18’10” ( 5. 7m)
Seating area depth (max) 63’ 8” (19. 4m)
Front seating area 575ft² (53. 4m²)
Rear seating area 188ft² (17. 5m²)
Mezzanine seating 133ft² (12. 4m²)
Kitchen 229ft² (21. 2m²)
Separate rear male and female WC/washrooms
tenancies:
The unit has a sublease for a term of 20 years from 25 May 2012 at a current
rent of £35, 000 per annum exclusive. There is provisional rent review on each
fourth anniversary of the lease. Outstanding rent review from May 2020. There
is a three months’ rent deposit on the premises.
The rateable value (2017 list) is £29, 750
PDF copies of the Lease can be sent out on application.
Tenure:
Long Leasehold for sale for a term of 999 Years from 24 June 1986 on a
peppercorn rent subject to the tenancies detailed above.
Price: £575, 000 Plus VAT
legal costs:
Each party to bear their own legal costs.
Viewing:
Strictly by appointment through Sole Agents:
Bells commercial Ref: Rp
The Energy Performance Certificate has been commissioned and will be available
on request
**Subject to contract
please check current status and availability prior to incurring any expense
**
Bells for themselves and for vendors or lessors of this property whose agents
they are given notice that:
(i) the particulars are set out as a general outline only for the guidance of
intended purchasers or lessees, and do not constitute, nor constitute part of,
an offer or contract;
(ii) all descriptions, dimensions, reference to condition and necessary
permissions for use and occupation, and other details are given without
responsibility and any intending purchasers or tenants should not rely on them
as statements or representations of fact but must satisfy themselves by
inspection or otherwise as to the correctness of each of them;
(iii) no person in the employment of Bells has any authority to make or give
any representation or warranty whatever in relation to this property;
(iv) all applicants are advised to confirm prior to their appointment to view
a property that it is still available and that all of the main details are
unchanged.
Bells Commercial Limited are members of The Property Ombudsman Milford House
43 - 55 Milford Street Salisbury Wiltshire SP1 2BP Membership No. T01796 and
operate an internal complaints procedure a copy of which is available on
request.

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