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For Sale by Auction on 19th September 2024, Freehold Former Bank Premises, 128 Balham High Road, Balham, SW12 9AA

2,702 Sq Ft / Retail / General Retail

Withdrawn - Last updated: 23 September 2024

For Sale by Auction on 19th September 2024

The premises are currently arranged over a ground floor banking hall with basement storage providing about 251 sq m (2,702 sq ft). 

Both the first and second floor have been sold on a 125 year leases expiring 2131 and 2142. These currently have a ground rent of £100 pa per lease.

Registrations to bid must be completed at least 1 day before the day of the auction and must be completed in the name that you intend to purchase in, as contracts cannot be changed after the auction sale

 

Location

Balham is an area in south London, England, mostly within the London Borough of Wandsworth with small parts within the neighboring London Borough of Lambeth. The subject property is located on a prominent position on Balham High Road nearby to the turning to Balham Grove adjacent to a large Waitrose with other nearby occupiers including Aspire, Oliver Bonas, Chadwick Butchers, Betfred, KFH, Nando's and Foxtons.

Accommodation

Ground floor sales - 173.73 sq m (1,870 sq ft)

Basement - 77.30 sq m (832 sq ft)

Total - 251.03 sq m (2,702 sq ft)

Terms

Tenure - Freehold

Guide Price - £500,000 - 525,000

Specification

  • This sale is conditional and is subject to confirmation by the seller, who will accept or decline the highest bid no longer than five working days from the bidding closing time 
  • By order of National Westminster Group
  • Freehold former bank premises totalling approximately 251 sq m (2,702 sq ft) over ground and basement
  • Prominent location
  • Alternative use potential (subject to consents)
  • Of interest to developers/owner occupiers and investors
  • Vacant possession


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