Lot 02 Units A-E, 472 Wandsworth Road & 1 St Rule Street, Battersea, SW8 3EH

Bidding Closed



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Simon Bailey

+44 (0) 7732 681 156

Viewing/ Registration Enquiries

BidX1 Support Team

+44 (0) 20 7703 4401

Vendor Solicitor

Anthony Akka

0161 207 7600

Property Summary
  • Freehold industrial/workshop investment
  • Lapsed planning consent for a mixed commercial and residential development
  • Popular south west London suburb
  • Producing £69,600 per annum
  • On the instructions of James Liddiment and Paul Greenhalgh of Duff and Phelps acting as Joint Fixed Charge Receivers



Clapham Town lies about 3 miles south west of central London and can be accessed via the A3126 and A3036 (Wandsworth Road). The area is well served by numerous bus routes as well as overland rail services from nearby Queenstown Road and Wandsworth Road stations, both of which are within a short walking distance.

St Rule Street runs north from Wandsworth Road adjacent to a Texaco petrol filling station with the properties lying on its west side next to Heathbrook Primary School and close to Heathbrook Park.


A terrace of industrial units of brick and blockwork construction with metal sheet cladding beneath a flat roof totalling approximately 504.51 sq m (5,424 sq ft). The front terrace is arranged as three units with access via the side to a further rear unit with yard area. There is also a single storey unit to the rear that is understood to comprise a one bedroom residential unit but the auctioneers have been unable to inspect this unit internally. The site area is approximately 0.08 hectares (0.20 acres).


Planning permission was granted on 25/05/2017 for the demolition of the existing buildings fronting St Rule Street and the erection of a part four/part five storey building to provide office accommodation and eight self contained flats (Planning ref: 16/06958/FUL). Prospective purchasers are advised to make their own enquiries of the Local Planning Authority - Lambeth Borough Council (020 7926 1180) www.lambeth.gov.uk

Please refer to Legal Documents
Property Table
TOTAL  504.51 sq m (5,424 sq ft) 


Units A/B, 472 Wandsworth RoadGroundIndustrial/workshop 231.38 sq m (2,490 sq ft)No formal agreement in place (refer to legal pack)£18,000
Unit C, 472 Wandsworth RoadGroundIndustrial/workshop 91.69 sq m (987 sq ft)12 months' license from 15/06/2020£21,600
Units D/E, 472 Wandsworth RoadGroundHot food takeaaway51.15 sq m (550 sq ft)No formal agreement in place (refer to legal pack) 
1 St Rule StreetGroundIndustrial/workshop
129.87 sq m (1,397 sq ft)12 months' license from 01/10/2018£30,000
Rear of 472 Wandsworth RoadGroundResidentialNot inspected

Unit A/B currently trade as a tyre and car repair shop

Unit C currently trades as a motorcycle sales and repair shop

Units D/E currently trade as a Caribbean hot food takeaway

1 St Rule Street currently trades as a steel fabrication business (Hands of Steel Ltd)


Please refer to the legal pack

*Terms and Conditions

Buyers are strongly advised to read these terms and conditions, and check the Special Conditions and any applicable Addendum, prior to bidding on a Lot. Additional costs, charges and encumbrances may apply for Buyers once they have made a successful bid in relation to a property.

  1. The reserve price is the minimum price at which the property can be sold at auction.
  2. Where a guide price (or range of prices) is given, that guide is the minimum price at which, or range of prices within which, the seller may be prepared to sell on the date on which the guide price, or range of prices, is published. The sale price, whether prior to or at the auction, can be above or below the guide price depending upon market activity. BidX1 and the seller accept no responsibility for any losses, costs or damages incurred by a buyer as a result of relying on any guide price. The buyer must decide how much they should bid for any Lot. All guide prices are quoted subject to contract. Guide prices given by BidX1 or the seller cannot be accepted by the buyer as being a professional valuation for any purpose in accordance with the requirements or guidance notes of relevant professional bodies or other authorities.
  3. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. Whilst every effort is made to ensure that these guides are not misleading, it is possible that the reserve price set for any Lot may exceed the previously quoted guide price (as the seller may fix the final reserve price just before bidding commences).
  4. The guide price for the Lot does not include the administration fee of £1,250 (inclusive of VAT) charged by BidX1. In the case of a joint agent this administration fee will be £2,400 (inclusive of VAT). In addition, the guide price does not include VAT on the sale price, or any additional costs, charges or encumbrances that might apply to some Lots and/or some buyers. The Special Conditions of Sale of the seller, and any applicable Addendum, will state if there are other costs, charges or encumbrances and whether the seller has elected to charge VAT on the sale price.
  5. To participate in the sale BidX1 must hold a minimum amount from all bidders. This participation amount and administration fee is fully refundable in the event that you are not the successful purchaser. For example, a participation fee of £4,750 comprises £3,500 relating to your bidder security (partial deposit payment) and an administration fee payable directly to BidX1. A higher participation amount may be payable depending on the reserve price of the Lot.
  6. Please note that Lots may be sold or withdrawn prior to auction.
  7. All lots sold “Subject to Vendor Confirmation” will be subject to the acceptance and confirmation by the Vendor. The highest bid will be presented to Vendor, the vendor will have to either accept, decline or make a counter offer the highest bid within the confirmation period. Should the Vendor decide to make a counteroffer, then a private link will be sent to the Highest Bidder advising the offer the Vendor is willing to accept. The Highest Bidder will have to either accept or reject the Vendor’s counteroffer. The Vendor reserves the ultimate right, apart from the auctioneer, to accept and to decline to sell to the highest or any bidder, without giving any reasons.
  8. 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 seller in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the seller. 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 seller 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 seller shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the seller. 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 seller.

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