254 Brixton Road, London SW9 6AQ
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- To be offered at auction on 14th May
- Freehold Shop and Residential Ground Rent Investment
- Well located in the South West London Suburb of Brixton
- Comprising a shop over basement and ground floor
- Shop let on a lease expiring 2034
- VAT is not applicable
- Total current rent £7,200 p.a. (1) (reflecting 10.28% GIY off Guide Price)
Description
StrapLine
Auction Sale - 13/05/2025A well located freehold shop and residential ground rent investment located in the popular London suburb of Brixton. Majority let on a lease expiring 2034. Current rents received £7,200 per annum(1) (10.28% off Guide Price)
Description
The property is arranged on basement, ground and two upper floors to provide a ground floor shop with ancillary basement accommodation with upper parts providing a self-contained flat sold off on a long lease.
The basement is accessed via a trap door.
Location
Brixton is a densely populated suburb of South London, some 2 miles south of Central London and 4 miles north of Streatham.
Transport
Tube - Brixton underground station (Victoria Line)
Train - Brixton Overground station providing regular services to London Victoria (7 mins) & Orpington
Tenancy
Please see the below schedule of accommodation and tenancies.
(1) The previous 2 rent reviews remain outstanding. We are advised that the tenant has verbally agreed to a rent increase to £1,200 pcm (£14,400 per annum)
Accommodation
Ground Floor - 13.84 sq m (148 sq ft)
Basement - 17.24 sq m (185 sq ft)
Total - 31.08 sq m (333 sq ft)
Upper floors - self contained flat. Sold off on a long lease.
254 Brixton Road, London SW9 6AQ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Stockwell Station0.4 miles
- Brixton Station0.6 miles
- Loughborough Junction Station0.6 miles
Notes
Disclaimer - Property reference 187-16601. 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 Savills 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 Savills Auctions, London on 020 3909 6715.
*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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