freehold shop and large maisonette fronting streatham
FREEHOLD SHOP AND LARGE MAISONETTE FRONTING STREATHAM HIGH ROAD, PROMINENT POSITION AND AVAILABLE WITH VACANT POSSESSION
1 CENTRAL PARADE 254 STREATHAM HIGH ROAD SW16 1HT & 7 PRENTIS RD, STREATHAM SW16 1HP Henry Adams (Horsham) LLP 50 Carfax, Horsham, West Sussex RH12 1BP 01403 282519 [email protected] henryadams.co.uk Residential / Commercial / Rural / Development / Auctions Robert Crawford Clarke BSc AGRIC MRICS Howard Ball MNAEA MARLA Consultant: Eddie Jenkinson BA (Hons) MRICS IRRV. Henry Adams (Horsham) LLP is a limited liability partnership which operates under licence and is independently owned. Registered in England and Wales No. OC339620. Registered office 50 Carfax, Horsham RH12 1BP. VAT No. 938 6934 67 Regulated by the RICS (Royal Institution of Chartered Surveyors)
LOCATION The property is situated on north side of Streatham High Road (A23) which forms part of an extremely busy main road connecting the centres of Croydon, Norbury, Streatham and Brixton. The property occupies a prime high street location where a number of both local and national retailers are represented, together with banking and catering facilities. Nearby occupiers include Poundworld, Paddy Power, William Hill, J D Weatherspoon, KFC and Tops Pizza. The property is situated 0.3 miles from Streatham mainline station and 0.6 miles from Streatham Hill Station. A location plan and street view of Streatham High Road can be viewed online through Google Maps by typing in the property’s postcode SW16 1HT ACCOMMODATION The property comprises a mid-terraced building arranged as a self-contained ground floor shop and a fully self-contained maisonette over first and second floors. Access to the residential is off Prentis Road which is a side road location. The shop has a fully glazed shop front, tiled floors, reasonably good ceiling heights and security shuttering. The upper parts have been refurbished in recent years with double glazed windows, central heating and modern kitchen and bathroom facilities. Commercial Aspect Ground Floor Shop
890 sq ft (82.68 sq m)
Residential Aspect The maisonette offers approximately 1,200 sq ft (111.38 sq m) over first and second floors. First Floor Living room Dining Room Kitchen
Second Floor Bedroom 1 Bedroom 2 Bedroom 3 Bedroom 4 Bathroom
TENURE The property is offered freehold and is currently subject to occupancies. The upper part is subject to an assured shorthold tenancy agreement for a term of 2 years from 2 nd June 2016 and is to expire on 1st June 2018. There is a current passing rent of £24,000 per annum exclusive (£2,000 per calendar month). The commercial element is subject to a licence but vacant possession is available on short notice. If required, the property can be sold subject to full vacant possession. PRICE £975,000 LEGAL FEES Each party to be responsible for their own legal fees. PLANNING We understand the ground floor currently falls within Class A1 (general retail) of the current Use Classes Order and is suitable for a variety of trades. The upper parts are residential in nature and it is felt that the property may have potential for sub-division to create 2 no. flats subject to any necessary consents.
EPC RATING 1 Central Mansions has an Energy Performance rating of 60 within Band D 1 Central Parade has an Energy Performance rating of 67 within Band C VIEWING ARRANGEMENTS By appointment with joint sole selling agents Henry Adams Commercial and HNF Property CONTACTS Henry Adams Commercial
HNF Property
Andrew Mark Algar
Peter Friend
01403 282 519
0208 681 2000
[email protected]
[email protected]
LOCATION MAP – NOT TO SCALE
Agent’s Notice – We endeavour to make our particulars as accurate and reliable as possible. They are for guidance only and are intended to give a fair overall summary of the property. They do not form part of any contract or offer and should not be relied upon as a statement or representation of fact. Measurements, areas, plans and distances are approximate only. Photographs and computer-generated images show only certain parts and aspects of the property at the time they were taken or created. Neither Henry Adams Horsham LLP nor any of its employees has any authority to make or give any representation or warranty whatsoever in relation to the property. No undertaking is given as to the structural condition of the property or any necessary consent s or the operating ability or efficiency of any service system or appliance. Intending purchasers or lessees must satisfy themselves with regard to each of these points. Unless otherwise stated, all prices and rents are quoted exclusive of VAT. Any intending purchasers or lessees must satisfy themselves as to the incidence of VAT in respect of any transaction.
1 CENTRAL PARADE 254 STREATHAM HIGH ROAD SW16 1HT & 7 PRENTIS RD, STREATHAM SW16 1HP Henry Adams (Horsham) LLP 50 Carfax, Horsham, West Sussex RH12 1BP 01403 282519 [email protected] henryadams.co.uk Residential / Commercial / Rural / Development / Auctions Robert Crawford Clarke BSc AGRIC MRICS Howard Ball MNAEA MARLA Consultant: Eddie Jenkinson BA (Hons) MRICS IRRV. Henry Adams (Horsham) LLP is a limited liability partnership which operates under licence and is independently owned. Registered in England and Wales No. OC339620. Registered office 50 Carfax, Horsham RH12 1BP. VAT No. 938 6934 67 Regulated by the RICS (Royal Institution of Chartered Surveyors)
LOCATION The property is situated on north side of Streatham High Road (A23) which forms part of an extremely busy main road connecting the centres of Croydon, Norbury, Streatham and Brixton. The property occupies a prime high street location where a number of both local and national retailers are represented, together with banking and catering facilities. Nearby occupiers include Poundworld, Paddy Power, William Hill, J D Weatherspoon, KFC and Tops Pizza. The property is situated 0.3 miles from Streatham mainline station and 0.6 miles from Streatham Hill Station. A location plan and street view of Streatham High Road can be viewed online through Google Maps by typing in the property’s postcode SW16 1HT ACCOMMODATION The property comprises a mid-terraced building arranged as a self-contained ground floor shop and a fully self-contained maisonette over first and second floors. Access to the residential is off Prentis Road which is a side road location. The shop has a fully glazed shop front, tiled floors, reasonably good ceiling heights and security shuttering. The upper parts have been refurbished in recent years with double glazed windows, central heating and modern kitchen and bathroom facilities. Commercial Aspect Ground Floor Shop
890 sq ft (82.68 sq m)
Residential Aspect The maisonette offers approximately 1,200 sq ft (111.38 sq m) over first and second floors. First Floor Living room Dining Room Kitchen
Second Floor Bedroom 1 Bedroom 2 Bedroom 3 Bedroom 4 Bathroom
TENURE The property is offered freehold and is currently subject to occupancies. The upper part is subject to an assured shorthold tenancy agreement for a term of 2 years from 2 nd June 2016 and is to expire on 1st June 2018. There is a current passing rent of £24,000 per annum exclusive (£2,000 per calendar month). The commercial element is subject to a licence but vacant possession is available on short notice. If required, the property can be sold subject to full vacant possession. PRICE £975,000 LEGAL FEES Each party to be responsible for their own legal fees. PLANNING We understand the ground floor currently falls within Class A1 (general retail) of the current Use Classes Order and is suitable for a variety of trades. The upper parts are residential in nature and it is felt that the property may have potential for sub-division to create 2 no. flats subject to any necessary consents.
EPC RATING 1 Central Mansions has an Energy Performance rating of 60 within Band D 1 Central Parade has an Energy Performance rating of 67 within Band C VIEWING ARRANGEMENTS By appointment with joint sole selling agents Henry Adams Commercial and HNF Property CONTACTS Henry Adams Commercial
HNF Property
Andrew Mark Algar
Peter Friend
01403 282 519
0208 681 2000
[email protected]
[email protected]
LOCATION MAP – NOT TO SCALE
Agent’s Notice – We endeavour to make our particulars as accurate and reliable as possible. They are for guidance only and are intended to give a fair overall summary of the property. They do not form part of any contract or offer and should not be relied upon as a statement or representation of fact. Measurements, areas, plans and distances are approximate only. Photographs and computer-generated images show only certain parts and aspects of the property at the time they were taken or created. Neither Henry Adams Horsham LLP nor any of its employees has any authority to make or give any representation or warranty whatsoever in relation to the property. No undertaking is given as to the structural condition of the property or any necessary consent s or the operating ability or efficiency of any service system or appliance. Intending purchasers or lessees must satisfy themselves with regard to each of these points. Unless otherwise stated, all prices and rents are quoted exclusive of VAT. Any intending purchasers or lessees must satisfy themselves as to the incidence of VAT in respect of any transaction.
