Guide price
£1,325,000
Property for saleThe Pavement, Springfield Estate SW4
4 beds
EPC Rating: D
Sold STC
Freehold
About this property
This fully rented, four-story freehold property on Clapham High Street offers 2,055 square feet of mixed-use space in a high demand location, currently generating an annual income of £75,392
The ground-floor commercial area is leased to The Good Fats Company Ltd. On a 10-year Fri lease, initiated in May 2021, with a rental income of £35,000 per year and a scheduled rent review every five years. Above, the residential portion comprises a four-bedroom flat leased until October 2025, providing an additional income of £36,692.28 annually. The property also earns £3,700 per year from an EE telecom mast located at the rear.
Situated at the western end of Clapham High Street in the Borough of Lambeth, this property features a 20-meter garden with secondary access through a rear passage and holds development potential subject to planning permissions. Located steps from Clapham Common, it benefits from high foot traffic, visibility, and easy access to public transportation, including Clapham Common Underground Station on the Northern Line and Clapham High Street Station on the London Overground. With over 9 million commuters passing through the nearby Clapham Common Underground annually, the property sits in one of Clapham’s most desirable areas, surrounded by popular retailers and amenities such as Little Waitrose, Barclays Bank, Starbucks, Pret a Manger, and Iceland Foods, enhancing its appeal to both commercial and residential tenants. This well-positioned building offers a stable income stream with promising development prospects in a highly sought-after location.
Council tax band:
Our China Desk is here for you, if Chinese is your preferred language, please get in touch via WeChat (s-ChestertonsAPAC)
The ground-floor commercial area is leased to The Good Fats Company Ltd. On a 10-year Fri lease, initiated in May 2021, with a rental income of £35,000 per year and a scheduled rent review every five years. Above, the residential portion comprises a four-bedroom flat leased until October 2025, providing an additional income of £36,692.28 annually. The property also earns £3,700 per year from an EE telecom mast located at the rear.
Situated at the western end of Clapham High Street in the Borough of Lambeth, this property features a 20-meter garden with secondary access through a rear passage and holds development potential subject to planning permissions. Located steps from Clapham Common, it benefits from high foot traffic, visibility, and easy access to public transportation, including Clapham Common Underground Station on the Northern Line and Clapham High Street Station on the London Overground. With over 9 million commuters passing through the nearby Clapham Common Underground annually, the property sits in one of Clapham’s most desirable areas, surrounded by popular retailers and amenities such as Little Waitrose, Barclays Bank, Starbucks, Pret a Manger, and Iceland Foods, enhancing its appeal to both commercial and residential tenants. This well-positioned building offers a stable income stream with promising development prospects in a highly sought-after location.
Council tax band:
Our China Desk is here for you, if Chinese is your preferred language, please get in touch via WeChat (s-ChestertonsAPAC)
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