SOLD

TypeShops · Assured Shorthold Tenancies · Development - Residential · Restaurants · Residential Investments · Mixed Portfolio Investments · Retail Investments

SW11 64 Battersea Rise, Clapham, London

TenureFor sale

64 Battersea Rise, Clapham, London, SW11 1/27

Specification

Building size
Building size 4,783 sqft
Property type
Property type Shops · Assured Shorthold Tenancies · Development - Residential · Restaurants · Residential Investments · Mixed Portfolio Investments · Retail Investments
Tenure
Tenure For sale

Description

Prime Freehold Building For Sale in Clapham - Prominent 5-Storey Mixed-Use Building with Planning

A rare opportunity to acquire a prominently positioned 5-storey freehold mixed-use building situated on the corner of Battersea Rise (A205) and Limburg Road. This high-profile location offers exceptional visibility and strong footfall, making it an ideal investment for both commercial and residential development.

The building comprises a vacant double-fronted retail unit spanning the ground and basement floors, offering a generous and flexible space suitable for a variety of occupiers. The three upper floors currently provide residential accommodation, presenting an attractive income-generating asset.

Location Highlights

Prime Battersea position - a thriving and sought-after area known for its vibrant mix of independent shops, restaurants, and cafés. .

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.Excellent transport links - within walking distance of Clapham Junction Station (Zone 2), providing fast connections to London Waterloo, Victoria, and Gatwick Airport.

Strong local demand - a popular area for both young professionals and families, ensuring consistent residential and commercial interest.

Situation

The property is prominently located on Battersea Rise, a road benefiting from high footfall and through traffic. The surrounding area comprises a selection of retail outlets ranging from restaurants, eateries, bars, and other general stores. Residentially the area is affluent and popular with professionals and families alike, with excellent access to schools.

Travel Distances:

Roads A3 - 1.7 miles

M4 - 7.4 miles

M3 - 13 miles

M25 - 15 miles

Airports London City Airport - 13.2

Heathrow - 15.9

London Gatwick - 24.2

London Luton - 39.7

London Stansted - 42.5

Underground & Rail Service Clapham Junction - 3 minutes

Vauxhall - 7 minutes

London Victoria - 12 minutes

London Waterloo - 11 minutes

St. Pancras - 25 minutes

Source: Google Maps

Planning Permission

The property is held as a complete freehold under Land Registry Title No. SGL84434. Under the official address 64, 64a, 64b & 64c Battersea Rise, London, SW11 1EQ

The property will be sold with the benefit of an approved planning permission by Wandsworth Council, dated 25th October 2023 (under application no: 2023/0613) which permits alterations including:

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.Erection of a roof extension to the main roof

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.Erection of part-two, part-three-storey rear extension

Formation of rear roof terraces with metal railing surround at second and third floors

Installation of French doors and safety railings to first floor rear elevation

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tInstallation of replacement extraction duct and flue to rear elevation

Excavation to enlarge existing basement for existing restaurant (Class E(b)

In connection with change of use of upper floors from 2x self-contained flats (Class C3), to 13-bed HMO (Sui Generis)

Investment Potential

This freehold property presents an exciting opportunity for investors, developers, or owner-occupiers looking to capitaliseon a prime London location with approved development potential. The combination of a well-positioned commercial space and high-demand residential accommodation ensures strong rental and capital growth prospects.

Additionally, the owners have been in active discussions with an outdoor media company that has expressed interest in leasing the side elevation for the installation of a digital marketing board, offering an additional revenue stream. Further details are available on request.

Tenancies

The retail and basement space will be provided with full vacant possession and the residential upper parts will be subject to the assured shorthold tenancies listed under Tenancy Schedule section.

Price

We are inviting offers in the region of £4,000,000 (four million pounds) subject to contract for the freehold interest of the property.

Asset Management Opportunity

This property presents an exceptional value-add opportunities, offering multiple avenues or enhancing income and capital growth. Key opportunities include:

Development Potential - The property benefits from approved planning permission for a significant redevelopment, allowing for the expansion of the commercial space and the conversion of the upper floors into a 13-bedroom HMO. This offers the potential for a substantial uplift in rental income and overall asset value. .

Flexible Commercial Letting Options - The double-fronted retail unit on the ground floor and basement provides a versatile space suitable for a variety of tenants, from independent retailers to established brands, food and beverage operators, or service based businesses. The ability to re-let to a range of occupiers ensures long-term demand and income stability.

.Outdoor Media Advertising Potential - The side elevation of the building offers an additional revenue stream through outdoor advertising. The owners have already engaged in discussions with a leading outdoor media company, which has expressed interest in leasing the space for the installation of a digital marketing board. This presents an opportunity to generate passive income from advertising in this highly visible location.

With strong development scope, flexible leasing opportunities, and additional income potential through media advertising, this property is an outstanding investment with significant upside potential.

Location

Clapham is a thriving and sought-after neighbourhood within theLondon Borough of Wandsworth, offering a unique blend of cityconvenience and village charm. Positioned 5 miles (8 km) southwest of Central London, it enjoys a prime location with Wandsworth to the west and Brixton to the east, making it an attractive choice for residents seeking excellent connectivity and a vibrant lifestyle.

Known for its prosperous and dynamic community, Clapham appeals to young professionals and families alike. The area is home to outstanding schools, as well as an excellent selection of independent shops, stylish boutiques, cafés, restaurants, and lively bars, ensuring a vibrant social scene.

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