- Attractive Victorian building
- Central London location a short walk from Victoria Station
- Apartment with terrace
- Vacant Class E shop
- Virtual Freehold
- Business rates RV below threshold for small business relief
Mixed Use for sale in London
Description
An attractive terraced Victorian building arranged as a ground floor self-contained Class E commercial space (with small basement – access is not currently possible as the access is behind a stud wall) and a separate self-contained three bedroom apartment with roof terrace.
The apartment has been decorated to a good modern standard. It has its own front door at ground floor level and is arranged over first, second and loft/third floors.
Floor areas (measured on a Gross Internal Area (GIA) basis):
Ground floor commercial premises: 570 sq ft (53.0 sqm) The ITZA floor area is 276 sq ft (25.6 sqm)
Triplex apartment: 1,346 sq ft (125.0 sqm)
Total GIA: 1,916 sq ft (178.0 sqm)
Location
Pimlico is located immediately to the south of Victoria Station. Chelsea is located to the west, Belgravia to the northwest and Victoria/St James's and Westminster to the northeast and east.
Rochester Row links Pimlico and Vauxhall Bridge Road with Westminster. The buildings along Rochester Row comprise a mix of retail, office and residential uses. Vincent Square is just around the corner.
Occupation
The commercial premises are owner-occupied and will be vacant upon completion.
The apartment is let to three individuals on an Assured Shorthold Tenancy subject to a mutual rolling break from 10 November 2025 at a rent of £35,490 pa (£682.50 pcw) paid on a 6 monthly basis in advance.
Tenure & Title
The property is held on a virtual freehold 999 year lease dated 25 December 1892 (868 years unexpired) from The Church of England at a ground rent of £17 per annum. The lease has the title number NGL467520. Title documents are available upon request.
Business Rates & Council Tax
The ground floor commercial premises has a Rateable Value of £12,000. At this level some commercial tenants can benefit from 100% small business rate relief. Interested parties should make their own enquiries regarding Rates Payable. The apartment is within Council Tax band E.
All enquiries and for viewings Please contact James Reeves MRICS: james.reeves@andrewreeves.co.uk M: 07940570969 DD: 02078811340 T: 02078811320
Property Ref: 59667_10623660
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Andrew Reeves (Westminster)
81 Rochester Row, Westminster, London, SW1P 1LJ
02078 811320
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