Lot

54

160 Norwood Road, Tulse Hill, SE27 9AZ

Bidding Closed

SOLD FOR

£135,000

Property Enquiries

Rob Hills

rob.hills@bidx1.com
+44 (0)20 3929 8402

Viewing Registration / Enquiries

BidX1 Support Team

info@uk.bidx1.com
+44 (0) 20 7703 4401

Vendor Solicitor

Birshen Aktan

b.aktan@hugh-jones.co.uk
020 8346 2236

Description

Map

Viewings


Property Summary
  • Long leasehold retail investment
  • Let until 2027 (no breaks)
  • A5 unit
  • Busy South London parade
  • Producing £13,000 per annum (net rent of £12,600 per annum)
Tenure

Long leasehold for a term of 125 years from 22/11/2007 a ground rent of £400 per annum

Location

Tulse Hill lies about 6 miles south of central London. The property is situated to the west side of Norwood Road, close to its junction with Church Road (A205). Further trade may be gained from traffic to and from Tulse Hill station, which is about 200m away from the property. Nearby occupiers include Tulse Hill Hotel, Deejay Chemists and Premier Off Licence.

Description

The property comprises the ground floor and basement only of a five storey building arranged as a retail unit and kitchen area on the ground floor and offices and WC in the basement.

Accommodation
ADDRESS FLOOR ACCOMMODATION USE LEASE TERM RENT PA
160 Norwood Road Ground Shop/Kitchen 34.90 sq m (376 sq ft) Retail A5 20 years from 26/11/2009 £13,000
Net Frontage 7m (23 ft)
Depth 6.40 m (21 ft)
Basement Office rooms,/WC 21.66 sq m (233 sq ft)

The floor areas have been provided by the vendor

Tenant Information

Let to an individual t/a Di Jerk Shack

Planning

London Borough of Lambeth (0207 926 0024 )www.lambeth.gov.uk

VAT
Please refer to Legal Documents
EPC

Rating 88 Band D


No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.