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Aerial Front Right.JPG

FOR
SALE

1-3 Old Town, Clapham, London SW4 0JT

For Sale

£410,000

Freehold / Leasehold stc

Latest Information

Newly Brought to Market

Location

The property is situated on the East side of Old Town in Clapham, SW London. Neighbours include The Apollo Arms, The Pigs Head, Gails Bakery, Old Town Tavern, and Virgin Gym. Clapham Common Underground and Wandsworth Road Stations are both 6 mins walk away, connecting you to the Northern and Overground lines. The area is well serviced by a number of bus routes.


Description
 
The property comprises a 3 storey building over Basement to 2nd Floors. The ground floor and basement comprises a commercial unit currently occupied by an estate agents. The 1st and 2nd floors form a residential apartment, with separate access, and a rear courtyard, subject to a long lease (62years remaining).

Accommodation

Ground: 80.13 sqm 863 sqft
Basement: 29.23 sqm 315 sqft


Total: 109.36 sqm 1,177 sqft

Leases

 
Ground Floor and Basement
The commercial unit is subject to a 20 year lease from April 2022 let to Orlando Reid Estate Agents.
The rent is £31,000 per annum exclusive with rent reviews every 5 years.
 
1st and 2nd Floor Apartment
The residential apartment is subject to a 99 year lease from 1987 (62 years remaining).
Ground Rent £100 per annum rising to £200 in 2054.

Subject to contract.

Data Room

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