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£3,750,000 OIEO

150-152 Clapham High Street, Clapham, London SW4 Ref: 37521

An opportunity to acquire this prominent, corner-positioned freehold mixed-use building, situated on the ever-popular Clapham High Street and formerly occupied by Nationwide Building Society. The ground floor commercial unit extends to approximately 1,591 sq ft (148 sq m) NIA and is currently let to Popeyes Louisiana Chicken (PLK Investment 1 Ltd), a rapidly expanding fried chicken fast-food chain. The property benefits from a strong national covenant on brand-new FRI lease terms from 2025, producing an annual rent of £100,000. The upper floors have been converted into two stylish, ultra-modern residential apartments, which have subsequently obtained C4 use to operate as a fully functional 10-bedroom HMO for professional tenants, generating an annual income of £164,100. Flat A extends to approximately 718 sqft (67 sqm) NIA, whilst Flat B extends to approximately 1,225 sqft (114 sqm) NIA. The upper floors have also been extensively refurbished throughout to an exceptional standard and benefit from access to a communal terrace.

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