Property photos
Freehold
Offers in region of
£1,400,000
(£247.52/sq. ft)
Retail premises for sale
Unit 2-4 Norwich House, 11 Streatham High Road, Streatham, London SW165,656 sq. ft
Local area information
Property location
Nearby amenities
- Streatham Hill 0.1 miles
- The Livity School (SEN) 0.2 miles
- Dunraven School 0.3 miles
- Streatham (Greater London) 0.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Tulse Hill and Balham to find out more about the local area.
Features and description
- Freehold
Key Points
Close Proximity to the Streatham Hill National Rail Station Kitchenette WC Facilities Large Frontage
Description
The available accommodation is a self-contained large commercial unit located in the mixed-use development of Norwich House. It boasts a prominent location in the Streatham area, a spacious shopfront, a WC facility, and a kitchenette. The asset is tenanted for a further 8 years to a retail operator (Mieszko Food City Limited - 07963809 ) trading as a Polish supermarket. The current passing rent is £118,500 per annum. A purchase at the asking price of £1.4 million, will reflect a gross yield of 8.46%.
Location
The property is conveniently situated on the North side of Streatham High Road. It offers excellent accessibility, being just a short 4-minute walk to Streatham Hill station. From this well-connected station, you can effortlessly reach various prominent destinations, including West Croydon, London Victoria, and London Bridge.
Viewings
Strictly by appointment only.
Terms
Long Leasehold of 250 Years from 2015 (249 years unexpiring)
Tenancy Details
Passing Rent: £118,500 per annum
Lease Lenght: 15-Year Lease from 2 February 2017 (8 years unexpired)
VAT
Applicable
Building Insurance
Tbc
Legal Costs
Each party to bear their own costs.
Description
The available accommodation is a self-contained large commercial unit located in the mixed-use development of Norwich House. It boasts a prominent location in the Streatham area, a spacious shopfront, a WC facility, and a kitchenette. The asset is tenanted for a further 8 years to a retail operator (Mieszko Food City Limited - 07963809 ) trading as a Polish supermarket. The current passing rent is £118,500 per annum. A purchase at the asking price of £1.4 million, will reflect a gross yield of 8.46%.
Location
The property is conveniently situated on the North side of Streatham High Road. It offers excellent accessibility, being just a short 4-minute walk to Streatham Hill station. From this well-connected station, you can effortlessly reach various prominent destinations, including West Croydon, London Victoria, and London Bridge.
Viewings
Strictly by appointment only.
Terms
Long Leasehold of 250 Years from 2015 (249 years unexpiring)
Tenancy Details
Passing Rent: £118,500 per annum
Lease Lenght: 15-Year Lease from 2 February 2017 (8 years unexpired)
VAT
Applicable
Building Insurance
Tbc
Legal Costs
Each party to bear their own costs.
Floor plans and tours
Floor plans (1)
More information
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