£695,000

Retail premises for sale

  1.  Moreton Street 54 Ext
  2.  Moreton Street 54 Rec2
  3.  Moreton Street 54 Din
Freehold

£695,000

Retail premises for sale

Moreton Street, London SW1V

Key Information

Tenure:
Freehold
Council tax band:

Local area information

Property location

Nearby amenities

  • Pimlico Academy 0 miles
  • Pimlico Primary 0 miles
  • Pimlico 0.2 miles
  • St George Wharf Pier 0.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for Belgravia, Nine Elms and Kennington to find out more about the local area.

Features and description

  • Freehold
  • Commercial element - 1050 Sq Ft
  • Commercial element provided with vacant procession
  • Good internal condition
  • Attractive Victorian Building
54 Moreton Street comprises a Victorian end-of-terrace four storey building arranged over lower ground, ground and three upper floors. The lower ground floor comprises a residential flat with its own access from Moreton Terrace and the lower ground floor of the Class E commercial premises including shared external area with demised storage. The ground floor comprises commercial Class E accomodation. The first floor comprises an apartment and the second and third floor comprises a duplex apartment.

The commercial premises over ground and lower ground extend to 1,050 sq ft (97.6 sqm) and are fitted out as quasi office/retail with wooden floors and spotlights plus a shower room at Lower Ground floor level.

Approximate Gross Internal Floor Areas



Ground floor offices - 420 sq ft

Basement offices - 300 sq ft

Basement storage - 330 sq ft

total - 1,050 sq ft

Occupation:

On completion of a sale the commercial premises will be provided with vacant possession. They are currently occupied.

The lower ground floor apartment has been sold on a long leasehold basis (NGL745112) for a period of 105 years from 25 December 1995 therefore having approximately 77 years remaining. The ground rent payable is £600 per annum and doubles every 25 years.

The first floor apartment has been sold on a long leasehold basis for a period of 189 years from 25 December 1995 therefore having approximately 161 years remaining. The ground rent is a peppercorn. The lease was extended in 2014.

The second and third floor duplex apartment has been sold on a long leasehold basis for a period of 189 years from 24 December 1995 therefore having approximately 161 years remaining. The ground rent is a peppercorn. The lease was extended in 2014.

Business Rates The Rateable Value listed for the commercial premises is £20,500. Note that this is not the amount payable and interested parties should make their own enquiries.

EPC The commercial EPC has a rating of D and is available upon request.

User The commercial premises have Class E commercial use which permits a range of uses including but not limited to office, retail and medical uses.

Asking price £695,000 (Six hundred and ninety-five thousand pounds). Note that the building is not elected for VAT.

All enquiries and for viewings Please contact James Reeves mrics and / Location:

Pimlico is located immediately to the south of the Victoria area of Central London. The area is served by London Victoria station and Pimlico London Underground station (Victoria Line) which are, respectively, a fifteen and five minute walk away from the property.

Moreton Street comprises a double parade of Victorian townhouses with retail premises at ground and, often, lower ground floor levels. A long-established destination/boutique retail location, Moreton Street comprises mainly independent occupiers including ladies' clothes boutiques, a beauty spa, an art dealer, a bathroom showroom, a tailor, an architect, an artisan bakery, independent restaurants as well as a Pizza Express. 54 Moreton Street is located at the south end of the main retail parade at the junction with Lupus Street and Moreton Terrace.

Floor plans and tours

Floor plans (1)

Floor plan 1

Tours

No virtual tour available

More information

Report this listing

Listed by

Andrew Reeves - Westminster & Belgravia

View agent properties
Logo of Andrew Reeves - Westminster & Belgravia

Property descriptions and related information displayed on this page are marketing materials provided by - Andrew Reeves - Westminster & Belgravia. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Andrew Reeves - Westminster & Belgravia for full details and further information.

  1. Zoopla
  2. For sale
  3. London
  4. South London
  5. Millbank
  6. Moreton Street

Sold house prices provided by Land Registry/Registers of Scotland. © Crown copyright 2024. Our website is completely free for you to use but we may receive a commission from some of the companies we link to on the site.

Zoopla Limited is an appointed representative of Uswitch Limited which is authorised and regulated by the Financial Conduct Authority (FRN 312850) to provide the mortgage calculator tool and incorporated with company registration number 06074771 and registered office at The Cooperage, 5 Copper Row, London SE1 2LH. Uswitch Limited is authorised and regulated by the Financial Conduct Authority (FCA) under firm reference number 312850.

Zoopla.co.uk is not a mortgage intermediary and makes introductions to Mojo Mortgages to provide mortgage solutions. Zoopla.co.uk and Mojo Mortgages are part of the same group of companies. Zoopla may receive an introduction fee from Mojo Mortgages on completion of successful mortgage applications. This fee is based on a percentage of your loan amount. Mojo is a trading style of Life's Great Limited which is registered in England and Wales (06246376) and is authorised and regulated by the Financial Conduct Authority and is on the Financial Services Register (478215). Mojo's registered office is The Cooperage, 5 Copper Row, London, SE1 2LH. To contact Mojo by phone, please call 0333 123 0012.