Home > Auctions > 24 November 2022 24 November 2022 - 9:00am > Lot 40A

24 November 2022: Thursday 24 November 2022 - 9:00am
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    Key features

    • A freehold mid terrace building
    • Good size vacant ground floor and basement retail unit having planning permission for a rear secluded two bedroom split level apartment and front split level commercial unit (Use Class E)
    • Residential upper part sold on a lease
    • Near Battersea Park and the recently opened historic Battersea Power Station Development

    Description

    A mid terrace building arranged as a good size vacant ground floor and basement retail unit with separate front entrance to a first and second floor maisonette sold on a lease.

    The shop unit which has gas central benefits from external and internal roller shutter doors.

    A cobbled mews/alley entrance between 164 & 168 Battersea Park Road provides an appealing pedestrian access way to the rear entrance of the property.

    The freehold includes the sole use of the rear alley way behind No's 176 to 182 Battersea Park Road.


    Additional information

    Tenure

    Freehold

    Accommodation

    Ground Floor - Shop Internal Width approximately 12' 10''

    Shop Depth approximately 44' 8''

    Office Room, Rear Kitchen/Workshop, Male and Female WC's

    Built Depth approximately 60'


    Basement - Two Rooms, Cellar storage


    First/Second Floors - Sold on a 189 year lease from 24th June 1980. Ground Rent a peppercorn


    Planning

    Permission (Application No 2022/0643) was granted by Wandsworth Council on 19th August 2022 for alterations including erection of single-storey rear extension and excavations to enlarge existing basement to facilitate the formation of 1 x 2 - bedroom flat with cycle and refuse storage and amenity space to part of rear alleyway. Part change of use of commercial unit (Class E) to residential (Class C3)


    A Community Infrastructure Levy of £11,731.36 is payable on commencement of the development.


    The proposed development would provide a rear ground floor and basement 2 bedroom secluded apartment of approximately1097 sq ft with own rear entrance and a ground floor and basement commercial unit (Use Class E) of approximately 473 sq ft with own front entrance from Battersea Park Road.

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        Local information

        Situated on the northside of Battersea Park Road (A3205) between the junctions of Beechmore Road and Albert Bridge Road.

        A choice of local shopping amenities are available along Battersea Park road whilst the fashionable areas of Chelsea and Knightsbridge are just across the River Thames.

        The recently opened historic Battersea Power Station Development provides an excellent nearby leisure destination with shops, bars and restaurants.

        The attractive recreational areas of Battersea Park provide riverside walkways, green spaces, a large lake and sports facilities.

        The A3205 provides good links into central London and westwards to the A3 and M25.

        Transport

        Underground - Battersea Power Station (Northern Line)

        Overground - Battersea Park

        National Rail - Battersea Park, Queenstown Road

        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.

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