Sold £143,000
- Leisure Facility
- Tenure: Leasehold. The property is held on a 999 year lease from 26th October 2015 (thus approximately 991 years unexpired).
Call the team on 020 7625 9007 for more information
A Commercial Investment Arranged to Provide a Lower Ground Floor Gym Let Producing £17,500 Per Annum
The property comprises a basement level gym situated within a detached block arranged over lower ground, ground and four upper floors.
Tenure
Leasehold. The property is held on a 999 year lease from 26th October 2015 (thus approximately 991 years unexpired).
Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Clapham Common are within easy reach. Transport links are provided by Clapham Common underground station (Northern line) and Balham rail station.
Accommodation
Lower Ground Floor Gym - G.I.A. Approx: 985 sq ft
Tenancy
The property is subject to an FRI lease for 5 years commencing 12th April 2021 at a rent of £17,500 per annum.
Current Rent Reserved
Current Rent Reserved £17,500 per annum
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
