The shop is arranged over ground floor only and benefits from a garden to the rear of the property. It may be possible to extend into the garden to increase the size of the shop, subject to obtaining the necessary consents.
The shop is let to Business Mail Solutions Ltd, trading as Mail Boxes Etc for 15 years from 26th March 2018, with 5 yearly, upwards only rent reviews. The current rent is £30,000 pax. The last rent review has not been implemented yet.
Tenure Freehold, subject to the existing lease on the ground floor and a 125 year long leasehold on 101a Clapham High Street (peppercorn ground rent), which is the residential upper parts.
Location
The property is located on Clapham High Street, across from the junction with Clapham Manor Street. The location is well served by public transport links, with various bus routes running along the High Street, whilst Clapham Common, Clapham High Street and Clapham North Stations are situated circa 250, 300 and 400 metres away from the property respectively. Nearby occupiers include: Taco Bell, Subway, Puregym, Evans Cycles, Metro Bank, Nando's, Fireaway Clapham, Popeyes, Sainsbury's and Dexters, amongst a host of other independent and national operators.
Amenities
Potential to extend into the garden to increase the size of the shop, STP.