Current Instructions

Residential Investment

Clapham High Street, Clapham, London SW4

Available
DESCRIPTION
  • A primely positioned office building located in the heart of Clapham High Street, suitable for a range of alternative uses and benefiting from planning permission to convert.
  • Located within 250m of Clapham North (Underground) and Clapham High Street (Overground) Stations, and 550m from Clapham Common.
  • Existing building measures 6,858 sq ft GIA.
  • Planning permission granted for change of use from offices (Class E) to 24 serviced apartments (Class C1), comprising minor internal and external alterations, plus a provision of a co-working area and meeting room for residents.
  • Building may well lend itself to continued use as offices amongst other uses such as a residential, co-living, hostel, educational or suitable for owner occupation.
  • Potential for additional massing, subject to obtaining necessary consents.
  • Under the existing consent to serviced apartments, there is the opportunity to generate a gross revenue stream of in the region of
    £1,100,000 per annum.
  • Freehold for sale with Vacant Possession.
PROPOSAL

Offers in excess of : £3,750,000+
subject to contract

Primely located South West London conversion opportunity suitable for a variety of uses
Key features
250m from Clapham North Station (Underground)
GIA of 6,858 sq ft
Planning consent for change of use from offices to 24 serviced apartments
Alternative use potential: co-living, hotel, educational, owner occupation
Freehold with VP
ERV c. £1,100,000 per annum
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