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Distressed Assets - To rent - London

132-140 Streatham Hill
London, SW2 4RS, Streatham Hill

   

  • Three storey end of terrace property comprising two ground floor retail premises with fully let upper parts comprising sixteen residential units.
  • The property is is situated on the east side of Streatham Hill close to the junction with Sternhold Avenue.
  • Total current annual income of £159,084
  • Retail premises currently let to William Hill and Bet Fred

Description

Three storey end of terrace property comprising two ground floor retail premises with fully let upper parts comprising sixteen residential units.

TOTAL: £159,084 per annum

Location

The property is situated on the east side of Streatham Hill close to the junction with Sternhold Avenue.

Additional information

Terms: Please see enclosed tenancy schedule

Price: Guide Price - £750,000

Headlease: The property is held on a lease for a term of 99 years from 29.09.1928 -
Expiry 29.09.2027.

132-134 Streatham Hill, SW2 4RS
(A 10 year FRI lease from 11/01/2012 with a tenant only option to break a the 5th year. Tenant Betfred)

136-138 Streatham Hill, SW2 4RS
(A 10 year FRI lease from 06/06/2013 with a tenant only option to break at the 5th year – Tenant William Hill.)

INCOME: The building is currently producing a gross income of £159,084 per annum.

The rents payable on the commercial premises are inclusive of VAT (if applicable)

Each party is to bear their own legal and surveying costs incurred in this matter.



Unit / Floor Size SQFT Description
Flat 1a 0.0 Not Vacant £867pcm / £10,404 per annum
Flat 1b 0.0 11 July 2015 £867pcm / £10,404 per annum
Flat 2a 0.0 Agreed £693pcm / £8316 per annum
Flat 2b 0.0 31 August 2015 £650pcm / £7,800 per annum
Flat 2c 0.0 18 September 2015 £498 pcm / £5,976 per annum
Flat 3a 0.0 2 September 2015 £1,083.33 pcm / £13,000 per annum
Flat 4a 0.0 8 September 2015 £217pcm / £2,604 per annum
Falt 4b 0.0 1 September 2015 £347pcm / £4,164 per annum
Flat 4c 0.0 14 July 2015 £390pcm / £4,680 per annum
Flat 4d 0.0 31 August 2015 £347pcm / £4,164 per annum
Flat 4e 0.0 10 August 2015 £347pcm / £4,164 per annum
Flat 4f 0.0 31 August 2015 £347pcm / £4,164 per annum
Flat 4g 0.0 1 September 2015 £347pc m / £4,164 per annum
Flat 5a 0.0 11 July 2015 £650pcm / £7,800 per annum
Flat 5b 0.0 9 July 2015 £498.33pcm / £5,980 per annum
Flat 5c 0.0 11 July 2015 £650pcm / £7,800 per annum
Bet Fred 0.0 The Lease started on 11 January 2012 and will run for 10 years, Break at 5 years - £23,500 per annum
William Hill 0.0 The lease started on 6 March 2013 and is due to be reviewed/renewed on 6 Marcdh 2018 - £30,000 per annum
  0.0
Total 0  

Access
  • Parking : Not Known
  • Number of parking places : 0
  • Updated: 14/10/2014
    Reference: 758112
    Distressed Assets Mixed used: To rent, Leasehold
    Arrange viewing Request details
    Your contact

    Mr David Rosser
    5 Aldermanbury Square
    EC2V 7HR

    020 7338 4413

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