6 Upper Tachbrook Street , London, SW1V 1SH

2,756 sq ft (256.13 sq m) - Offers in excess of £400,000

Investment

Available

PROMINENT MIXED USE INVESTMENT OPPORTUNITY

FREEHOLD INVESTMENT OPPORTUNITY
PROMINENT LOCATION

The property comprises a mid-terrace period property arranged over basement, ground and three upper floors. The basement and ground floor are currently used as a retail shop, with residential flats above, which is separately accessed from the street. The ground floor retail unit is currently occupied by FARA Enterprises Limited.

INCOME

The ground floor is generating £30,500 per annum on a 10 year lease commencing 15th December 2007.

Ground Rent are currently generating £400 per annum.

FARA Enterprises Limited are currently holding over.

EPC Rating: C (67)

Location

The property is situated in the London suburb of Pimlico and on the west side of Upper Tachbrook Street, close to its junction with Vauxhall Bridge Road (A202). Upper Tachbrook Street forms a junction with Warwick Way to the south which is the primary retail street in the locality. Victoria station is approximately 200 metres to the north where national and underground rail services are found. Victoria Coach Station is also situated adjacent to the railway station providing regular coach services.

Accommodation

The property has an approximate net internal floor area of:-

Retail - 109 2q.m (1,173 sq.ft)

Residential

1st Floor Flat - 56 sq.m (600 sq.ft)

2nd Floor Flat - 57 sq.m (613 sq.ft)

3rd Floor Flat 34 sq.m (371 sq.ft)

Rates

2017 Rateable Value: £21,500

For confirmation of rates payable, please contact the business rates department of Westminster City Council.

Terms

Freehold

Lease

Offers in excess of £400,000.

No VAT is applicable.

Contact Agents

Antony Rapley MRICS
Associate Director – Head of Commercial Agency
antony@snellers.com

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