496 Streatham High Road, Streatham, SW16 3QB

Description
The property is a semi-detached office building over four storeys plus basement. The property includes a single storey front addition, two storey rear addition and single storey centre addition. It is understood the building was constructed in 1874.

The property is of solid facing brick construction, with the roof duo pitched and gabled construction with clay tiles and mono-pitched roof and timber sash windows. The property is Grade II listed.

Internally the accommodation provides a large open office space / reception, rear office / meeting room, WC facilities and office room to the front ground floor section. To the rear two storey ground floor section there various meeting and offices rooms. To first floor accessed via an internal staircase there are front and rear office rooms, as well kitchenette and WC facilities. To the 2nd floor is further office rooms, and WC facilities. To the 3rd floor are three further office and ancillary rooms. To the basement is storage accommodation.

There is a front main entrance, and two side entrance / exit points.

The property benefits from two car parking spaces located to the rear (Sainsburys supermarket car park).

Location
The property is located fronting Streatham High Road, to the western side, virtually opposite Streaham Common and adjacent to the entrance of Sainsbury’s Supermarket car park. The property is located in Streatham, south London which is approximately 6.5 miles from Central London.

The property is 0.5 miles from Streatham Train Station, which is a London Fare Zone 3 with, providing services via Thameslink and Southern. There are a number of bus stops located on Streatham High Road providing services across Greater London and bordering counties.

The property is very accessible to nearby areas including Norbury, Norwood, Eastfields, Tooting Bec, Brixton, etc. Notable nearby occupiers and notable locations include Sainsbury Supermarket, Streatham Leisure Centre, Streatham train station, and Streatham Common.

Rating Assessment
From information obtained from the Valuation Office Agency website the demise is rated as follows:-
Address: 496, Streatham High Road, London, SW16 3QB
Description: Office and premises
Rateable Value: £46,250

Rates exemption should be available whilst the property is vacant.

We would advise prospective interested parties to verify the matter with the local rating office.

Tenure
Long Leasehold - Title number TGL62616, 125 years from 8th July 1991, thus approximately 91 years remaining. Peppercorn ground rent pa. Further details available by request.

Planning / Use
Under our client's use, the property has been utilitsed for office use. Whilst alternative uses may be possible, we would strongly encourage interested parties to take professional advice to establish their proposed use is suitable given the long leasehold interest, and planning authority permission. Please note the property is Grade II Listed (List Entry: 1249629)

Price
£750,000. We are informed VAT is NOT payable on the price. The intention is to offer the property with vacant possession for a prospective buyer.