Acorn Commercial, Acorn Commercial

150-152 Clapham High Street, London, Greater London

£3,750,000

Size

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Tenure

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EPC

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Parking

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Primary use
Shop
Other use(s)
Restaurant, Takeaway, Mixed use
Frontage
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No floor / site plan

Key features

  • Prominent corner-positioned freehold mixed-used building
  • Commercial unit let to national covenant (Popeyes Louisiana Chicken - PLK Investment 1 Ltd)
  • Two self-contained residential apartments configured as a 10 bedroom HMO
  • Commercial Unit: c1,591sqft NIA & Residential Accommodation: c718sqft NIA. Total Income £268,100pa.
  • Prime position on the ever-popular Clapham High Street, South West London
  • Offers in Excess of £3,750,000 for the freehold interest

Description

An opportunity to acquire this prominent, corner-positioned freehold mixed-use building, situated on the ever-popular Clapham High Street and formerly occupied by Nationwide Building Society. The ground floor commercial unit extends to approximately 1,591 sq ft (148 sq m) NIA and is currently let to Popeyes Louisiana Chicken (PLK Investment 1 Ltd), a rapidly expanding fried chicken fast-food chain. The property benefits from a strong national covenant on brand-new FRI lease terms from 2025, producing an annual rent of £100,000. The upper floors have been converted into two stylish, ultra-modern residential apartments, which have subsequently obtained C4 use to operate as a fully functional 10-bedroom HMO for professional tenants, generating an annual income of £164,100. Flat A extends to approximately 718 sqft (67 sqm) NIA, whilst Flat B extends to approximately 1,225 sqft (114 sqm) NIA. The upper floors have also been extensively refurbished throughout to an exceptional standard and benefit from access to a communal terrace.
Acorn Commercial, Acorn Commercial

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Additional information
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Business rates
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Use class
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Listed building
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Environmental data
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150-152 Clapham High Street, London, Greater London

NEAREST STATIONS

London Underground

Clapham Common Station

0.15 miles

National Rail

Clapham High Street Station

0.23 miles

London Underground

Clapham North Station

0.29 miles

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Disclaimer - Property reference 37521FH. 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 Acorn Commercial, Acorn Commercial. 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.