Offers in region of
£320,000
(£390.24/sq. ft)
Property for saleBrixton Road, London SW9
820 sq. ft
Sold STC
Leasehold
About this property
Location
Brixton is a London Underground station on Brixton Road in Brixton in the London
Borough of Lambeth. It is the southern terminus of the Victoria line and the next
station towards north is Stockwell. The station is known to have the largest London
Underground roundel on the network.
Brixton Market comprises a street market in the centre of Brixton, south London, and
the adjacent covered market areas in nearby arcades; Reliance Arcade, Market Row
and Granville Arcade. The market sells a wide range of foods and goods but is best
known for its African and Caribbean produce, which reflect the diverse community of
Brixton and surrounding areas of Lambeth.
Description
A rare opportunity to acquire a mid-terrace building arranged over ground and two
upper floors, consisting of a commercial unit on the ground floor, trading as a
franchise operator of Cake Box. The 3 flats above have been sold off.
User
We believe the premises fall under Class E use of The Town & Country Planning(Use
Classes) (Amendment) (England) Regulations 2020, however interested parties should
confirm this with the Local Authority.
Local Authority
London Borough of Lambeth.
EPC
The property has a Energy Performance Rating of B(39). A copy of the EPC certificate
is available on request
Accommodation & Tenancy Schedule
The property offers the following (NIA) approximate dimensions;
Tenure
Long leasehold subject to the existing tenancy. A new 999 year lease will be provided on a
peppercorn ground rent.
Terms
Offers in the region of £320,000 for the property are invited, subject to the existing tenancy. A purchase at this level provides a niy of 6.06% after allowing for purchasers standard cost at
3.22%.
Service Charge
To be confirmed.
VAT
The property has not been elected for VAT purposes.
Legal
Each party to bear its own legal costs.
Aml
In accordance with Anti-Money Laundering Regulations, we shall require additional
information from the purchaser/tenants so that an online verification can be undertaken.
Brixton is a London Underground station on Brixton Road in Brixton in the London
Borough of Lambeth. It is the southern terminus of the Victoria line and the next
station towards north is Stockwell. The station is known to have the largest London
Underground roundel on the network.
Brixton Market comprises a street market in the centre of Brixton, south London, and
the adjacent covered market areas in nearby arcades; Reliance Arcade, Market Row
and Granville Arcade. The market sells a wide range of foods and goods but is best
known for its African and Caribbean produce, which reflect the diverse community of
Brixton and surrounding areas of Lambeth.
Description
A rare opportunity to acquire a mid-terrace building arranged over ground and two
upper floors, consisting of a commercial unit on the ground floor, trading as a
franchise operator of Cake Box. The 3 flats above have been sold off.
User
We believe the premises fall under Class E use of The Town & Country Planning(Use
Classes) (Amendment) (England) Regulations 2020, however interested parties should
confirm this with the Local Authority.
Local Authority
London Borough of Lambeth.
EPC
The property has a Energy Performance Rating of B(39). A copy of the EPC certificate
is available on request
Accommodation & Tenancy Schedule
The property offers the following (NIA) approximate dimensions;
Tenure
Long leasehold subject to the existing tenancy. A new 999 year lease will be provided on a
peppercorn ground rent.
Terms
Offers in the region of £320,000 for the property are invited, subject to the existing tenancy. A purchase at this level provides a niy of 6.06% after allowing for purchasers standard cost at
3.22%.
Service Charge
To be confirmed.
VAT
The property has not been elected for VAT purposes.
Legal
Each party to bear its own legal costs.
Aml
In accordance with Anti-Money Laundering Regulations, we shall require additional
information from the purchaser/tenants so that an online verification can be undertaken.
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