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

Auction
United Kingdom
Commercial Building
Commercial

The auction has ended

Final bid £2,401,000

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

Contact Us

Simon Bailey

Registered Surveyor, here to help.

Contact Us

Simon Bailey

Registered Surveyor, here to help.

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Property description

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).

Location

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.

VAT

Please refer to Legal Documents

Tenancy Schedule

AddressFloorAccommodationSizeTenancyRentPA
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
Yard
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)


*Terms & Conditions

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 interested parties 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.

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