SOLD

TypeRetail Investments

SW11 31 St. John's Hill, Battersea, London

TenureFor sale

31 St. John's Hill, Battersea, London, SW11 1/14

Specification

Building size
Building size 966 sqft
Property type
Property type Retail Investments
Tenure
Tenure For sale

Description

Virtual freehold, attractive investment opportunity, sold subject to a long lease with an inflation-beating income profile

A rarely available, long income-producing investment opportunity on St. John's Hill in the affluent Battersea area. The unit benefits from a prominent shopfront position opposite Clapham Junction Station, offering excellent visibility and branding. The premises comprises ground floor and basement commercial/retail space, let to a single growing multi-branch retailer (Clapton Craft) for a term of 15 years from September 2021. The lease was granted outside the Landlord & Tenant Act 1954 Part II and incorporates uncapped RPI-linked rent reviews on the 5th and 10th anniversaries, commencing September 2026 where the projected rent will be at least £38,393 PAX. There are no break clauses.

Virtual Freehold 999 years, from 2018

Passing rent of £38,393 per annum exclusive, as of September 2026

The property is occupied by a growing retail operator, on a single lease, outside the Act for a term expiring September 2036

Comprising ground floor retail and basement premises

Peppercorn ground rent

Located directly opposite the entrance to Clapham Junction rail station, the busiest interchange station in the UK.

Location

The property is in a prime position on St John's Hill, in a vibrant mixed-use area with wealth of nearby retail, restaurants, and bars, also being close to Clapham Common. It is within walking distance of Clapham Junction Station, offering excellent connections to central London, Victoria, Waterloo and Gatwick Airport.

Map