Welcome to Field & Sons Commercial Property Services

COMMERCIAL PROPERTY SERVICES

Borough Office  020 7234 9639

FULL DETAILS

6, London Road, London, SE1 6JZ

Size: 700 Sq Ft ( 65.03 Sqm )
Sale Price: £450,000 Leasehold
To Rent: £31,500 Per Annum

FEATURES

  • Sale or Let
  • Ground Floor A1 Unit
  • Potential Alternative Uses (STP)

FULL DESCRIPTION

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Building Area: 65.03 m2 ( approx. 700 ft2 )

LOCATION

Ground Floor Retail unit to let or for sale (L/H) within this terraced building located on London Road close to St George's Circus, which is the junction of six major roads including Westminster Bridge Road, Waterloo Road and Blackfriars Road.

Waterloo station is approximately a ½ mile to the north west of the property and the Elephant & Castle centre (inc. rail and underground stations) is a similar distance to south east. Numerous bus routes and cycle path run along the various roads around the premises. The property is within walking distance of a number attractions including the Southbank centre, London Eye, Westminster Bridge & the Imperial War Museum.

London Southbank University sits opposite the premises, here 20,000 students and 1,700 staff are located.

Situated conveniently between to major regeneration zones in Elephant and Castle and Blackfriars Road and opposite Barret Homes new Blackfriars Circus Development providing over 300 homes and 40,000 sq ft of retail and employment space. Local retailers include, Subway, Nandos, Barista & Baker and La Dolce Vita.

DESCRIPTION

Ground floor self-contained retail shop premises with two bedroom flat at the rear (without planning permission). Potential to create one open plan retail area by removing the bedrooms or keeping some of the existing walls to provide a breakup of the space.

TERMS

For Sale by way of a new 125 year leasehold interest.

Price : £450,000.

Or

To Let for a minimum term of five years.

Rent : £31,500 per annum, exclusive of all outgoings.

USE CLASS

Currently A1 Consent, consideration to be given to alternative uses – particularly B1/A3/A5 subject Freeholders consent and any statutory permissions required.

BUSINESS RATES

The new 2017 Rateable Value is £10,500 and therefore the base business rates payable for the year 2017/18 will be approx. £4,893, although transitional and small business reliefs may apply. Interested parties should make their own inquiries via Southwark Council.

SERVICE CHARGE

To be advised.

ENERGY PERFORMANCE            

EPC Asset Rating = 128 (Band F).



Viewing
Please contact Field & Sons on 020 7234 9639 if you wish to arrange a viewing appointment for this property or require further information.

Energy Performance Certificate
Disclaimer
Field & Sons Commercial Property Services for themselves and for their clients of this property whose agents they are give notice that:

1 These particulars are set out as a general outline only for the guidance of intending purchasers/tenants and do not constitute part of any offer or contract.
2 All descriptions, dimensions, references to conditions and necessary permissions for use and occupation and other details are given without responsibility and any intending purchaser or tenant should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them.
3 No person in the employment of Field & Sons has any authority to make or give any representation or warranty whatsoever in relation to this property.

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