238 Balham High Road, London SW17

£1,000,000

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Overview

Freehold shop and uppers for sale with potential to extend and convert subject to planning

Popular location close to Balham Station with over and underground services.

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    Description
    Calling investors, owner occupiers and developers

    Existing ground floor A5 / Sui Generis unit with four bedroom 3 storey flat above

    Tenancies
    Ground floor: Let on a 15 yr FRI lease inside L&T expiring May 2026 with 5 yr rent rent reviews -Passing rent £22,000
    Uppers: Let on an AST (holding over) with a passing rent of £31,200
     
    There is an advertising boarding on the side of the property however we understand this contract ended some years back and has not been renewed.

    Planning
    Use Class A5 / Sui Generis and C3 Residential

    Planning was granted by Wandsworth Borough Council in 2017 (not implemented) ref: 2017/3527 for...
    alterations including two-storey extension above rear addition and conversion of property to 1 x 1 bedroom flat and 1 x 2 bedroom flats.

    Terms
    Guide Price £1,000,000

    Viewings
    Strictly by appointment only
    Contact sole agents Christopher St James 020 8545 0591

Featured Points

  • Freehold

  • Investment / Development

  • Shop & Uppers

  • GF Let until May 2026

  • Flat holding over

  • Previous Planning

  • Close to Station

  • Sole Agents

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