| Unit | Accommodation | Tenant | Tenancy | Rent Per Annum |
|---|---|---|---|---|
| Ground floor shop Basement | 26.05 sq m (280 sq ft) 36.80 sq m (396 sq ft) | The Redeemed Christian Church of God (RCCG) | Holding over | £12,000 |
| Ground/basement flat | Two bedroom flat | Vacant | Vacant | |
| Flat A (first floor) | One bedroom flat | Vacant | Vacant | |
| Flat B (second floor) | One bedroom flat | Vacant | Vacant | |
| Flat C (third floor) | One bedroom flat | Individual | AST | £12,960 |
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Auction
294 Brixton Road, Brixton, SW9 6AG
-
Auction
- Lot 46
- United Kingdom
- Mixed Use
- Commercial
*GUIDE PRICE £1,100,000
Property Summary
- Freehold mixed use investment
- Includes a ground floor shop with large basement used as a meeting hall, and 4 self-contained flats
- Potential to create further basement flat, subject to consents
- Producing £24,960 per annum (Plus three vacant flats)
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Description
The property comprises a four storey mixed use building of period construction arranged as ground floor shop and basement with a ground floor and basement self-contained two bedroom flat to the rear of the shop with a private side courtyard. There is rear access to the flat via a service road leading off Thornton Street as well as all flats having access from the front of the property. The remaining three self-contained flats are one bedroom.
There could be potential to convert the rear ground/basement flat into two separate residential units by developing out the basement area, subject to obtaining all of the necessary consents. The flat would be accessed from the front and have the additional benefit from a new separate rear entrance. Interested parties should make their own enquiries in this respect.
Location
The property is prominently situated on the east side of Brixton Road (A23) close to the junction with Loughborough Road. The area is well served by local bars and restaurants as well as recreational amenities at Slade Park and slightly further away at Clapham Common. Brixton overland and underground tube stations (Victoria line) are situated to the south of the property, whilst Oval underground tube station (Northern line) is to the north. The immediate area is a mix of commercial and residential.
Tenure
Freehold
VAT
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EPC Details
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*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 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 vendor.
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