Former Savoy Hotel Laundry Site. Property comprises a mixed used development completed in 2006, consisting of offices, a retail unit, 112 residential flats and underground basement car parking. The commercial element fronts Clapham Road and comprises of a ground floor retail unit, let to Dreams and vacant Grade A office space, totaling 26,586 sq ft. Residential flats are located to the rear of the site, around a central courtyard; 82 residential flats sold as long-leaseholds, producing a ground rent of £21,350 per annum. 25 residential flats sold as long-leaseholds to local authority on a peppercorn ground rent (nominal value).
- Ref: 20112
- Size: 277 - 28,309 sq ft
- Freehold: £12,500,000
- EPC: B
Key Features
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Freehold Opportunity
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Prime South West London
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Excellent Transport Links, 5 Minute Walk to Clapham North Underground Station
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Retail Unit Let to Dreams Limited
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112 Residential Flats Producing an Additional Ground Rent Income of £21,350 pa
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Development Completed in 2006
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Reflects a Capital Value on the Office of £397psf
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Office Space Available to Let
Location
Colwell House, 376 Clapham Road, Clapham, London, SW9 9AR
Situated on Clapham Road (A3), providing access to central London in the north, along with the A24 and M25 to the south.
Additional Info
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