Retail premises for sale in Brixton Road, London SW9

Location
The property is located on Brixton Road, opposite the junction with Loughborough Road. The local area is predominately residential with commercial properties located along Brixton Road. There is a good blend of local occupiers nearby including shops, restaurants and bars.

Description
The shop is arranged over ground floor and basement and will be offered with vacant possession. The 4 flats above have been sold off in 2023 on new 125 year long leaseholds.

Price Offers in excess of £325,000 for the freehold interest. The ground rents for each apartment is £350 per annum, giving a total income of £1,400 per annum if you acquire the freehold.

Rent £27,000 per annum exclusive
Business Rates for 2023/2024 No rates payable
Building Type Class E use
VAT The premises are elected for VAT
EPC Rating c-68

Size

Ground - 252sq ft (23.4 sq m)
Basement - 331 sq ft (30.7 sq m)

Total - 583 sq ft (54.1 sq m)

Anti Money Laundering Procedure when buying
Anti money laundering procedures In accordance with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 the Purchaser will be required to comply with our Anti Money Laundering policy. Further details on request.