Property Details

16 Porteus Place, London, SW4

£599,000

LONG LEASEHOLD FOR SALE or TO LET ON A NEW UNDER-LEASE
GIA Approx. 910ft² (84.5m²)

LOCATION: The offices are located just off Clapham Old Town. The offices are close to the amenities of Clapham Common and Clapham High Street retail area with operators including Starbucks, Caffé Nero, Subway, Barclays Bank, Sainsburys Local and Tesco Express as well as numerous other multiple and independent retailers, cafes and restaurant. Public transport is available from the nearby Clapham Common northern line underground station.

DESCRIPTION: The office is situated on the ground floor and forms part of a mixed residential and commercial development arranged over four storeys and offers a quiet and attractive courtyard environment. The unit offers a predominantly open plan space with 3 smaller partitioned offices and is carpeted throughout, has GCH, good natural light from double aspect windows, inset spot lighting and is in good decorative condition ready for a tenant or purchaser to occupy.


ACCOMMODATION: The property comprises the following approximate gross internal area:-

GIA 910ft² (84.5m²)

TENURE: Long Leasehold for sale for a term of 125 years from 29/8/2014 or to let on a new effective full repairing and insuring under-lease, by way of a service charge, for term to be agreed by negotiation.

PRICE: Offers in the region of £599,000 + VAT for the long l/hold.

RENT: £29,400 + VAT per annum exclusive.

SERVICE CHARGE: £2,347 + VAT for 2020/21

BUSINESS RATES: London Borough of Lambeth
Rateable Value (2017 list): £22,750
Rates Payable (2019/2020): £11,170.25
U.B.R. 2019/2020: 49.1p in the £
This information has been obtained verbally and we would advise interested parties to verify this with the appropriate rating authority.

LEGAL COSTS: The ingoing Tenant to be responsible for both parties reasonable legal costs, to include the superior landlords Licence to Under-let costs.

VIEWING: Strictly by appointment through Sole Agents:
BELLS COMMERCIAL 020 7228 4405 Ref: SC

The Energy Performance Certificate has been commissioned and will be available on request
SUBJECT TO CONTRACT
PLEASE CHECK CURRENT STATUS AND AVAILABILITY PRIOR TO INCURRING ANY EXPENSE

Bells for themselves and for vendors or lessors of this property whose agents they are given notice that:
(i) the particulars are set out as a general outline only for the guidance of intended purchasers or lessees, and do not constitute, nor constitute part of, an offer or contract;
(ii) all descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given without responsibility and any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them;
(iii) no person in the employment of Bells has any authority to make or give any representation or warranty whatever in relation to this property;
(iv) all applicants are advised to confirm prior to their appointment to view a property that it is still available and that all of the main details are unchanged.

IMPORTANT NOTICE

Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further specific enquires to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.

Golding House

130 - 138 Plough Road

Clapham Junction

London SW11 2AA

020 7228 4116