SUMMARY

* Opportunity to acquire a freehold residential investment comprising a ground and lower ground floor commercial unit together with five self-contained residential flats arranged over the upper floors.

LOCATION

* The property is located on Landor Road and is within a short 200m walk from Clapham North Underground Station, providing regular and direct services into Central London via the Northern line.

DESCRIPTION

* The property comprises a freehold corner building arranged over basement, ground and three upper floors.

* Five self-contained flats (1 x 1 Bed, 4 x 2 Bed) accessed via a separate entrance from Tasman Road extending to approximately 2,616 SqFt (NIA) arranged around a communal staircase.

* A ground and basement retail unit extending to approximately 870 SqFt, fronting Landor Road with independent access, currently configured as a single commercial demise.

* The commercial unit is let to Enoterica Limited on a 5-year lease from September 2023 at a passing rent of £27,500 per annum exclusive. The lease has a tenant-only rolling break clause exercisable at any time on three months' notice.

* All apartments are currently let on ASTs generating £126,000 per annum.

* The property is currently providing a total income of £153,500 per annum.

TERMS

* The property is not elected for VAT.

* The property is available freehold.