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64 Battersea Rise, London, SW11 1EQ

  • Investment / Residential / Restaurant / Cafe / Retail
  • 4,783 sq ft
  • For Sale
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Property Type Investment / Residential / Restaurant / Cafe / Retail
Tenure For Sale
Size 4,783 sq ft
Price £4,000,000
VAT Not applicable
Energy Performance Rating Upon enquiry

Prime Freehold Building For Sale in Clapham - Prominent 5-Storey Mixed-Use Building with Planning

Key Features

  • Complete freehold building on prominent corner position
  • Potential to add value by active asset management
  • Well located on Battersea Rise within the London Borough of Wandsworth
  • Situated within 500m of Clapham Junction Railway & London Overground Station
  • Planning Permission for further development granted in Oct 2023
  • Highly affluent residential location
  • Retail premises to be offered with full vacant possession
  • Fully tenanted Residential apartments above
  • Busy footfall location
  • Current estimated rental income of £183,000 pa

Location Highlights

• Prime Battersea position – a thriving and sought-after area known for its vibrant mix of independent shops, restaurants, and cafés.
• Excellent transport links – within walking distance of Clapham Junction Station (Zone 2), providing fast connections to London Waterloo, Victoria, and Gatwick Airport.
• Strong local demand – a popular area for both young professionals and families, ensuring consistent residential and commercial interest.

Location

Clapham is a thriving and sought-after neighbourhood within theLondon Borough of Wandsworth, offering a unique blend of cityconvenience and village charm. Positioned 5 miles (8 km) southwest of Central London, it enjoys a prime location with Wandsworth to the west and Brixton to the east, making it an attractive choice for residents seeking excellent connectivity and a vibrant lifestyle.

Known for its prosperous and dynamic community, Clapham appeals to young professionals and families alike. The area is home to outstanding schools, as well as an excellent selection of independent shops, stylish boutiques, cafés, restaurants, and lively bars, ensuring a vibrant social scene.

Situation

The property is prominently located on Battersea Rise, a road benefiting from high footfall and through traffic. The surrounding area comprises a selection of retail outlets ranging from restaurants, eateries, bars, and other general stores. Residentially the area is affluent and popular with professionals and families alike, with excellent access to schools.

Travel Distances

Roads
A3 - 1.7 miles
M4 - 7.4 miles
M3 - 13 miles
M25 - 15 miles

Airports
London City Airport - 13.2
Heathrow - 15.9
London Gatwick - 24.2
London Luton - 39.7
London Stansted - 42.5

Underground & Rail Service
Clapham Junction - 3 minutes
Vauxhall - 7 minutes
London Victoria - 12 minutes
London Waterloo - 11 minutes
St. Pancras - 25 minutes

Description

A rare opportunity to acquire a prominently positioned 5-storey freehold mixed-use building situated on the corner of Battersea Rise (A205) and Limburg Road. This high-profile location offers exceptional visibility and strong footfall, making it an ideal investment for both commercial
and residential development.

The building comprises a vacant double-fronted retail unit spanning the ground and basement floors, offering a generous and flexible space suitable for a variety of occupiers. The three upper floors currently provide residential accommodation, presenting an attractive income-generating asset.

Tenure

The property is held as a complete freehold under Land Registry Title No. SGL84434. Under the official address 64, 64a, 64b & 64c Battersea Rise, London, SW11 1EQ

Planning Permission

The property will be sold with the benefit of an approved planning permission by Wandsworth Council, dated 25th
October 2023 (under application no: 2023/0613) which permits alterations including:

• Erection of a roof extension to the main roof
• Erection of part-two, part-three-storey rear extension
• Formation of rear roof terraces with metal railing surround at second and third floors
• Installation of French doors and safety railings to first floor rear elevation
• Installation of replacement extraction duct and flue to rear elevation
• Excavation to enlarge existing basement for existing restaurant (Class E(b)
• In connection with change of use of upper floors from 2x self-contained flats (Class C3), to 13-bed HMO (Sui Generis)

Estimated Rental Value Post-Development

Address: 64 & 64a Battersea Rise

• Ground Floor Retail & Basement : ERV - £100,000 pa
• First, second & Third Floors (13 x HMO Rooms) : 13 Rooms £22,100 pcm / £265,200 pa (per room £1,700 / £20,400 pa)
• TOTAL ESTIMATED RENTAL INCOME: £365,200 pa

Investment Potential

This freehold property presents an exciting opportunity for investors, developers, or owner-occupiers looking to capitaliseon a prime London location with approved development potential. The combination of a well-positioned commercial space and high-demand residential accommodation ensures strong rental and capital growth prospects.

Additionally, the owners have been in active discussions with an outdoor media company that has expressed interest in leasing the side elevation for the installation of a digital marketing board, offering an additional revenue stream. Further details are available on request.

Available area

All measurements are approximate. Interested parties are advised to carry out their own surveys.

Description sq ft sq m
Ground Floor Retail 1,577 146.51
Ground Floor Basement 998 92.72
First Floor 1,197 111.20
Second Floor 742 68.93
Third Floor 269 24.99
Total 4,783 444.35

Tenancies

The retail and basement space will be provided with full vacant possession and the residential upper parts will be subject to the assured shorthold tenancies listed under Tenancy Schedule section.

Price

We are inviting offers in the region of £4,000,000 (four million pounds) subject to contract for the freehold interest of the property.

Asset Management Opportunity

This property presents an exceptional value-add opportunities, offering multiple avenues or
enhancing income and capital growth. Key opportunities include:

• Development Potential – The property benefits from approved planning permission for a significant redevelopment, allowing for the expansion of the commercial space and the conversion of the upper floors into a 13-bedroom HMO. This offers the potential for a substantial uplift in rental income and overall asset value.
• Flexible Commercial Letting Options – The double-fronted retail unit on the ground floor and basement provides a versatile space suitable for a variety of tenants, from independent retailers to established brands, food and beverage operators, or service based businesses. The ability to re-let to a range of occupiers ensures long-term demand and income stability.
• Outdoor Media Advertising Potential – The side elevation of the building offers an additional revenue stream through outdoor advertising. The owners have already engaged in discussions with a leading outdoor media company, which has expressed interest in leasing the space for the installation of a digital marketing board. This presents an opportunity to generate passive income from advertising in this highly visible location.

With strong development scope, flexible leasing opportunities, and additional income potential through media advertising, this property is an outstanding investment with significant upside potential.

Viewings

All viewings are to be accompanied by Telsar.

VAT

We have been advised that the property has not been elected for VAT.

Fixtures & Fittings

The fixtures and fittings for the current restaurant can be purchased via separate negotiations otherwise will be stripped-out, ready for an incoming occupier to fit-out as per their specification.

Anti-Money Laundering (AML) Requirements

Interested parties will be required to provide the appropriate information to satisfy current AML regulations at the stage Heads of Terms are agreed.

Purchaser Profile

All offers will have to be supported with proof of funds or funding confirmation.