Summary - 248-250, LAVENDER HILL SW11 1LJ
1 bed 1 bath Commercial Property
**Standout Features:**
- Large commercial property: 3,760 sq ft (2,460 sq ft Ground + 1,300 sq ft Basement)
- Freehold tenure
- High foot traffic location on Lavender Hill
- Excellent transport links (5 minutes to Clapham Junction Station)
- Versatile retail space ideal for various business types
- Currently operating as a DIY store with an Estimated Rental Value of £150,000 p.a.
- Gross yield of 7.5% excluding buyer costs
- Strong community amenities including parks, shops, and restaurants
**Concerns:**
- High crime rate in the area
- Expensive ground rent of £1,200 p.a.
- Retail space shows signs of wear and tear
Elevate your entrepreneurial ambitions with this expansive freehold commercial property in the bustling Clapham Junction area, offering a remarkable 3,760 total square feet across two floors. Enjoy an enviable position on the vibrant Lavender Hill, surrounded by a diverse community and an abundance of amenities, perfect for attracting a steady stream of clientele. Currently a DIY store with a robust Estimated Rental Value of £150,000 p.a., this property serves as an exceptional investment opportunity boasting a gross yield of 7.5%—ideal for savvy investors looking for a lucrative venture.
Clapham Junction offers effortless commuting options, with one of Europe's busiest railway stations just a short walk away, ensuring ease of travel for both customers and business operations. While the property does require some updates due to existing wear and tear, its grand potential is evident in the spacious, bright environment created by large windows and high ceilings. With a mix of residential and commercial prospects, this property not only serves as a business hub but also offers the possibility of future renovations and extensions. Don't miss this chance to secure a prime piece of real estate in an affluent area known for its thriving atmosphere—opportunities like this do not last long.
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