Commercial Development for sale

99 Streatham Vale, London, SW16

Offers in Excess of 1,596 sq. ft. | £550,000

Property Description

Commercial information

  • 1,596 sq ft (148 sq m)

Full description

Location:
The property is situated on Streatham Vale close to its junctions with Braeside Road and Sherwood avenue. The premises are roughly 0.3 miles from Streatham Common Station, providing access to Southern and Thameslink trains. Tooting Station and Mitcham Eastfields Station are 2 miles and 0.9 miles respectively again providing both trains via Southern and Thameslink.

Description:
A freehold, mid terrace, mixed development opportunity located close to a large Co-operative convenience store. The property benefits from a ground floor A1/A3 user leased out to an independent retailer, a separate large store room with access to the rear of the building and a two bed residential flat to the first floor.

There are various development opportunities, subject to planning, including change of use of the large store area and loft conversion.

Accommodation:
The property benefits from the following approximate net internal floor areas:

Ground Floor Shop 49.2 sq m 530 sq ft
Large Store room 40.99 sq m 441 sq ft
Residential 58.03 sq m 625 sq ft

Tenure:
Freehold

Rent:
The ground floor commercial is let on a 6 year lease from February 2015 with a passing rent of 10,000. The residential is current vacant and not producing an income.

Price:
Offers in excess of 550,000

Rates:
We have been advised that as of April 2010 the rateable value is 6,200. Therefore the rates payable for this year will be in the region of 3,000.


















More information from this agent

Nearest stations

  • Streatham Common (0.3 mi)
  • Streatham (0.8 mi)
  • Norbury (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Kinleigh Folkard & Hayward, London

KFH House, 5 Compton Road, Wimbledon, London, SW19 7QA

020 8012 5505 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Streatham Common (0.3 mi)
  • Streatham (0.8 mi)
  • Norbury (0.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Kinleigh Folkard & Hayward, London

KFH House, 5 Compton Road, Wimbledon, London, SW19 7QA

020 8012 5505 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 99_STREATHAM_VALE. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Kinleigh Folkard & Hayward, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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