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    Key features

    • Freehold Retail Investment in Popular South West London Location
    • Investment Let at £60,000 pa
    • Let to individuals trading as Fireaway Pizza
    • 15 year lease from January 2022 (no breaks)
    • Highly affluent and desirable South West London location

    Description

    The property comprises a ground floor and basement shop, forming part of a larger building.

    Additional information

    Tenure

    Freehold.

    Accommodation

    Please note the approximate areas have been taken from the VOA and the property has not been internally inspected by Savills.


    Ground - 51.30 sq m (552 sq ft)

    Basement - 47.20 sq m (508 sq ft)


    Total - 98.50 sq m (1,060 sq ft)

    Tenancy

    The property is let to A. Mohammed Naguib Abdelaziz Ali Sharaf and M. El Sayed trading as Fireaway Pizza for a term of 15 years from 01.01.2022 at a rent of £60,000 pa. There is an open market Rent Review on every fifth anniversary of the term.


    The flat above has been sold off on a 999 year lease from 29.09.2023 at a peppercorn rent.


    Rent

    £60,000 pa
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      Please arrive promptly for your viewing. To view properties you have booked a viewing for, visit the My Viewing section of your account.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      The property is situated in Pimlico, equidistant between Victoria and Pimlico Stations. The property is in a prominent position on the east side of Wilton Road with nearby occupiers including Waitrose, Ravello Coffee, Caffe Nero, and Sainsbury's.

      Legal documents

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      EPC rating

      The EPC rating for this property is B

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums