628 Streatham High Road, Streatham, London, SW16 3QL
- PROPERTY TYPE
Commercial Development
- BEDROOMS
5
- BATHROOMS
3
- SIZE
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Description
Guide Price £950,000+
The property will be sold by public auction on 1st July at 12:00am
Legal Documents
For a complete view of the legal documents, please download the legal pack from our website.
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Description
Freehold
Substantial Corner Building Arranged to Provide a Ground Floor Commercial Premises and 2 x Two Bedroom Flats and 1 x One Bedroom Flat. A prominent corner property comprising a ground floor commercial unit, a ground floor one-bedroom flat, a first-floor two-bedroom flat, and a vacant, unmodernised two-bedroom flat on the second floor. Part let, producing £41,500 per annum. Offering further development potential at the rear, subject to obtaining all relevant consents.
This rare prominent corner property comprises a three-storey mixed-use building, offering a versatile investment opportunity. The ground floor features a commercial unit and a one bedroom flat currently let producing a rental income of £25,000 per annum on a lease until 30th April 2027
The first floor comprises a two-bedroom flat, let on an Assured Shorthold Tenancy let at £16,500 per annum (holding over). The second-floor two-bedroom flat is currently vacant and requires modernisation.
Accommodation
Ground Floor Office & One Bedroom Flat
Commercial Office
Reception Room
Kitchen
Bedroom
Bathroom with WC and Wash Basin
First Floor Two Bedroom Flat
Two Bedrooms
Reception Room
Kitchen
Bathroom with WC and Wash Basin
Second Floor Two Bedroom Flat
Reception Room
Two Bedrooms
Kitchen
Bathroom with WC and Wash Basin
Location
Nestled in a sought-after area of Streatham, the property is within close proximity to a variety of local shops, cafes, and amenities. The open spaces of Streatham Common and Norbury Park are easily accessible, providing ample opportunities for outdoor recreation.
Transport Links are provided by Streatham Common Station: Approximately 0.8 km away, offering services to London Victoria, London Bridge, East Croydon, and Watford Junction. Norbury Station: Approximately 0.5 km away, providing services on the Brighton Main Line to London Victoria and East Croydon. Tooting Bec Underground Station: Approximately 2.7 km away, served by the Northern Line, facilitating access to central London
Viewing Times
Brochures
Legal Documents628 Streatham High Road, Streatham, London, SW16 3QL
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Norbury Station0.3 miles
- Streatham Common Station0.6 miles
- Streatham Station0.8 miles
Notes
Disclaimer - Property reference 291517. 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 Swift Property Auctions, 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Swift Property Auctions, London on 020 7123 9417.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
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