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Guide price
£650,000

Plot for sale

Northborough Road (R), London SW16
Plot
Added > 14 days

Key information

TenureFreehold
Council taxAsk agent
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Freehold
  • Investment / Development
  • Shop & Uppers
  • Income Producing
  • Planning Potential
  • For Sale
Freehold investment / development opportunity for sale

Prominent corner plot - Shop & Flat above with rear yard / garden

Description - Mixed use investment / development opportunity for sale.
Existing E class commercial unit to the ground floor with 2 / 3 bedroom residential flat above and yard / garden area to the rear, to the front is an additional hard standing area with advertising hoarding and possible parking

Location - The property occupies a prominent corner position on Northborough Road at its junction with Beckway Road and forms part of a mixed use parade.
Nearest Stations :
Norbury Station 0.9miles
Mitcham Eastfields Station 1.2 miles

Tenancies - Ground Floor Shop: FRI Lease for a term of 16 years from 6th February 2010
Passing Rent £11,500 pa (ERV £17,500 pa)
Rent reviews every 4 years
2018 & 2022 rent reviews outstanding - time not of the essence.

First Floor Flat: Let on a new 12 month AST from 1st October 2024
No break clause
Passing rent £19,260 pa

Front Forecourt: Advertising hoarding, holding over, passing rent £250 pa

Rear Yard: circa 1,141 sq ft - could be let separately - residential tenant has been allowed to use (not included in AST)

Terms - Guide Price £650,000 Freehold - Subject to planning offers are not being considered

Planning - No applications have been made - The site has clear potential for extension / conversion / demolition and new build subject to the relevant consents

Viewings - Contact sole agents Christopher St James[use Contact Agent Button]

Property information from this agent

About this agent

Christopher St James - Colliers Wood
Christopher St James - Colliers Wood
61 High Street Colliers Wood, London SW19 2JF
020 3641 9145
Full profileProperty listings
Christopher St James (CSJ) is a family run business Founded in 1976. For over 40 years CSJ have
been successfully offering an independent and unbiased service on all matters relating to any
form of UK property.
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