TypeLeisure & Hotel Investments
SW16 2-4, Leigham Court Road, Streatham, London
TenureFor sale
Specification
- Building size
- Building size 1,862 sqft
- Property type
- Property type Leisure & Hotel Investments
- Tenure
- Tenure For sale
Description
Leisure/Gym Commercial Investment For Sale
HEAD LEASE/LONG LEASE : The virtual-freehold/long leasehold is available (250-years from 2014) at a guide price of £500,000 (ex. VAT). The long leasehold is subject to a Ground Rent of £300 per annum
The Freehold is also available at an additional price - terms /subject to further negotiation
The purchase price of £500,000
reflects a Gross Yield of 7.2% before any purchaser costs
TENANT DETAILS : The premises are let on a FRI lease to a Body Fit Training (x9BFTx9) gym franchisee, who also owns a second BFT gym in Battersea, London.
Location
The premises are situated on Leigham Court Road close to the prominent junction with Streatham High Road (A23)
Streatham Hill offers a high density of residential occupiers as well as national and local retail/office occupiers in close proximity.
Streatham Hill National Rail Station, Marks & Spencer and the London Square Streatham Hill residential development are all within 2 minutes walk
The property is located within the London Borough of Lambeth




