64 Northcote Road, London, SW11
£947.75 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
2,928 sq ft
272 sq m
- SECTOR
High street retail property for sale
- USE CLASSUse class orders: Class E
E
Key features
- Affluent South West London residential suburb;
- Situated on the sought-after Northcote Road, well-known for its diverse and upscale selection of shops, cafés and restaurants;
- Buoyant retail pitch with strong tenant demand and rental growth prospects;
- Excellent connectivity with Clapham Junction Station just an 8-minute walk away, providing direct links to Central London and beyond;
- Freehold;
- Well configured 2,928 sq ft (272 sq m) of retail and residential accommodation;
- Ground and Lower Ground is let to Gail's Bakery, a popular and nationally expanding artisan bakery;
- Residential upper parts comprise 2 self-contained 2-bed apartments let on ASTs;
- Fully let with a total passing income of £154,100 per annum.
Description
near key local hubs including Battersea Rise, St John's Hill and Lavender Hill
THE VENDOR IS SEEKING OFFERS IN EXCESS OF
(Two Million Seven Hundred and Seventy Five Thousand Pounds), exclusive of VAT and subject to contract.
NET INITIAL YIELD
Retail: 6.07%
Blended: 5.20%
CAPITAL VALUE
Residential: £907 per sq ft
Total: £948 per sq ft
(assuming graduated purchaser's
costs of 6.80%)
Brochures
64 Northcote Road, London, SW11
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Clapham Junction Station0.4 miles
- Wandsworth Common Station0.8 miles
- Clapham South Station0.9 miles
Notes
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