Retail Investment Property For Sale in Balham, London, SW12

This property is marketed by:
Houston Lawrence

Retail investment Pets at Home Limited For Sale in Balham, SW12 9EA

Area 4,937 sq.ft. | Price £1,575,000

8 Balham Hill Key Features

• Passing rent of £125,000 per annum.
• Upward-only rent review.
• Review due July 2026.
• Lease expiry July 2031.
• Full Repairing & Insuring lease.
• Quarterly rent payments.
• 4,937 sq. ft. retail unit.
• Long leasehold interest.
• South West London location.
• Guide price: £1,575,000

Retail Property Description

8 Balham Hill comprises a retail investment let to Pets at Home Limited, the UK's leading specialist pet retailer.

The property is let on a 10-year Full Repairing & Insuring (FRI) lease from 26 July 2021, expiring on 25 July 2031. The current rent is £125,000 per annum exclusive, payable quarterly in advance.

The lease includes an upward-only open market rent review on 26 July 2026, capped at £144,909.25 per annum exclusive.

Pets at Home is the UK's leading specialist pet retailer, with stores located nationwide.

Location

Situated on Balham Hill (A24), the property is ideally located close to Clapham South tube station and Clapham Common. The area combines strong transport links with a highly desirable residential catchment and a well-established mix of retail, leisure and commercial uses.