From
£1,950,000
Retail premises for saleBalham High Road, London SW12
Auction
About this property
Investment let at £101,200
P.a.
A freehold property situated in a prime corner position in central Balham
Six storey period building extending to approx. 2,724 sq. Ft gia
Comprising a mix of commercial units on ground and lower floors, a vacant space on the 1st Floor and a residential 2/3 bedroom flat on the upper floors
Potential to refurbish the first floor unit as well as potential to extend the existing building to the rear (subject to necessary consents)
Thriving neighbourhood with a strong retail offering
Excellent transport links
Strapline
Auction Sale - 18/07/2023
A freehold property situated in a prime corner position in central Balham. Comprising a mix of commercial units on ground and lower floors and a residential flat across the upper floors.
Investment let at £101,200 p.a.
Description
The property comprises:
There is potential to refurbish the first floor unit or incorporate it into the residential flat, subject to obtaining the necessary consents. Also potential to extend the existing footprint of the building to the rear.
Location
The property is located in a prominent position in central Balham within the London Borough of Wandsworth at the corner of Balham High Road and Ramsden Road.
Balham is a thriving neighbourhood located in leafy South West London and is popular with young professionals and families alike due to the local amenities and excellent transport links on offer.
Occupiers on the main High Road include Waitrose, Boots, Oliver Bonas, Joe and the Juice and Planet Organic.
A number of independent shops and cafes are located on pedestrianised Hildreth Street and Soho House launched Little House Balham in 2021.
The property is located 0.1 miles north of Balham station which benefits from London Underground and Southern Railway services to Central London.
Transport
Underground - Balham (Northern)
National Rail - Balham (Southern)
Tenancy
Ground & Lower Ground:
Tenant: Edward James Hair Salon
Rent: £70,000 p.a.
First Floor:
Vacant
Second, Third & Fourth Floors:
Residential Flat
Rent: £31,200 p.a.
Total Rent Producing: £101,200 p.a.
Accommodation
Ground & Lower Ground:
Total gia: 1,258 sq. Ft
First Floor:
Total gia: 309 sq. Ft
Second, Third & Fourth Floors:
Total gia: 982 sq. Ft
Total gia: 2,724 sq. Ft
Auction Sale - 18/07/2023
A freehold property situated in a prime corner position in central Balham. Comprising a mix of commercial units on ground and lower floors and a residential flat across the upper floors.
Investment let at £101,200 p.a.
Description
The property comprises:
- A retail unit at ground and lower ground floor levels let to Edward James Salon
- Vacant first floor commercial unit
- 2/3 bedroom flat across the upper floors
There is potential to refurbish the first floor unit or incorporate it into the residential flat, subject to obtaining the necessary consents. Also potential to extend the existing footprint of the building to the rear.
Location
The property is located in a prominent position in central Balham within the London Borough of Wandsworth at the corner of Balham High Road and Ramsden Road.
Balham is a thriving neighbourhood located in leafy South West London and is popular with young professionals and families alike due to the local amenities and excellent transport links on offer.
Occupiers on the main High Road include Waitrose, Boots, Oliver Bonas, Joe and the Juice and Planet Organic.
A number of independent shops and cafes are located on pedestrianised Hildreth Street and Soho House launched Little House Balham in 2021.
The property is located 0.1 miles north of Balham station which benefits from London Underground and Southern Railway services to Central London.
Transport
Underground - Balham (Northern)
National Rail - Balham (Southern)
Tenancy
Ground & Lower Ground:
Tenant: Edward James Hair Salon
Rent: £70,000 p.a.
First Floor:
Vacant
Second, Third & Fourth Floors:
Residential Flat
Rent: £31,200 p.a.
Total Rent Producing: £101,200 p.a.
Accommodation
Ground & Lower Ground:
Total gia: 1,258 sq. Ft
First Floor:
Total gia: 309 sq. Ft
Second, Third & Fourth Floors:
Total gia: 982 sq. Ft
Total gia: 2,724 sq. Ft
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