Interested parties should contact Knight Frank Auctions for further information.

42-46 Clyston Street, London, SW8 4TX

    Lot No: 1

    Property Type: Warehouse

    Contract Type: Unconditional

Sold for £712,000

• Freehold Commercial Property for Sale in SW8

• Comprises approx. 4,747 Sq ft of space

• Mixed Residential & Commercial Location Close to Wandsworth Road (A3036) and Wandsworth Overground Station

• EPC Rating: E

Property Description

The property in Nine Elms, comprises a commercial unit situated on Clyston Street close to its junction with Wandsworth Road (A3036). The ground floor provides warehouse and storage with office accommodation split into 3 rooms, a kitchenette and WC on the first floor. The property has two concertina roller shutter doors.
Accommodation Ground Floor - 234 sq m (2,519 sq ft)
First Floor - 207 sq m (2,228 sq ft)
Total - 441 sq m (4,747 sq ft)
*NB – floor areas from www.tax.service.gov.uk

The property would benefit from modernisation and possible redevelopment, subject to all necessary consents.

Location

The property is conveniently located near transport, shopping, and recreational facilities. Wandsworth Road, 'Little Portugal' and the vibrant Clapham Old Town offer a range of shops, bars, cafes, and restaurants. Wandsworth Road station is located within walking distance and provides access to Central London, with tube access to the Northern line at Clapham North, also benefitting from the Northern line extension to Nine Elms. Green space is also located nearby at Heathbrook Park and Larkhall Park where you could enjoy a walk, lunch or a summer’s evening. • Wandsworth Road Station - 0.2 miles • Clapham High Street Station - 0.7 miles • Queenstown Road (Battersea) Station - 1 mile

Occupancy

Vacant

Tenure

Freehold

EPC Rating

E

Buyers fee

The buyers fee is £1,500 including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property.

Auction Details The sale of this property will take place on the stated date by way of and is being sold as Unconditional. Binding contracts of sale will be exchanged at the point of sale. All sales are subject to the Common Auction Conditions and Extra General Conditions. Auctioneer Fees and Deposit The following deposits and non-refundable auctioneer fees apply: • 10% deposit, subject to a minimum of £5,000. The deposit contributes to the purchase price. • Buyer’s Fee- the value of this fee will be listed against the property details, inclusive of VAT. The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability. There may be additional fees contained within the Special Conditions of Sale, which can be viewed within the Legal Pack. You are strongly advised to read the Legal Pack carefully before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack. Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

Special Conditions

With regards to the floor plan, an amended copy is now available which includes a room to the rear of the property. All floor plans are provided for identification purposes only. For the avoidance of any doubt the boundary of the property to be sold is as shown on Title Plans LN85127 and SGL447445, available for inspection in the legal pack. The floor areas stated within the Particulars of Sale are correct.

Auction Information

11 May 2023 11:30

The Knight Frank Auction will be broadcast live online with telephone and internet bidding

Contact Us

If you have any questions, call our team on 020 7861 5520

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