Office for sale

Interested parties should contact Knight Frank Auctions for further information.

Description
- Freehold office of 3,616 sq ft (1) with C3 planning permission

- Popular South London SW11 Location

- Near to Clapham Junction & Wandsworth Town Stations

- Planning Permission for 3x2 beds & 5x1 bed flats

Planning

- Alterations including erection of a three storey side extension and excavation to create basement including formation of front and rear lightwells in connection with change of use to 3 x 2 bedroom and 5 x 1 bedroom flats.(Class C3) with associated refuse and cycle storage. Approve with Conditions CIL Liable 25/05/2022. Planning case: 2022/1330

- Variation of condition 2 (in accordance with approved drawings) pursuant to planning permission dated 25/05/2022 ref 2022/1330 (Alterations including erection of a three storey side extension and excavation to create basement including formation of front and rear lightwells in connection with change of use to 3 x 2 bedroom and 5 x 1 bedroom flats.(Class C3) with associated refuse and cycle storage.) to allow the addition of three dormers to eastern roof slope. Approve with Conditions CIL Liable 13/12/2022. Planning case: 2022/4280

Tenancy

Ground Floor

Let to SEN TALK CIC (company number 11087294) for a term of 1 year from 1 July 2021 at a current rent of £20,000 p.a. (Holding Over).

First Floor

Let to The Royal National Institute For Deaf People (Company No
00454169 and Charity No.207720) for a term ending on 10 March 2026 at a current rent of £25,400 p.a. The lease contains a mutual rolling break clause.

Second Floor

Vacant.

NB - Leases are available in the legal pack. We understand all leases are contracted out of the security of tenure provisions of the Landlord & Tenant Act 1954.

Viewing - Strictly by appointment. Please [use Contact Agent Button]

(1) Source - Design & Access Statement


Location
The property is within walking distance from Clapham Junction and Wandsworth Town stations which are served by Overground and National Rail as well a bus.

Spencer Park and Wandsworth Common are a short walk away whilst all the amenities of Clapham Junction and Northcote Road are within easy reach.

Occupancy
See legal pack

Tenure
Freehold

Buyers Fee
The buyers fee is £1950 including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property.

Auction Details
The sale of this property will take place on the stated date by way of and is being sold as Unconditional.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to the Common Auction Conditions and Extra General Conditions.

Auctioneer Fees and Deposit
The following deposits and non-refundable auctioneer fees apply:

• 10% deposit, subject to a minimum of £5,000. The deposit contributes to the purchase price.
• Buyer’s Fee- the value of this fee will be listed against the property details, inclusive of VAT.

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
There may be additional fees contained within the Special Conditions of Sale, which can be viewed within the Legal Pack. You are strongly advised to read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.