A Pret A Manger opposite Clapham Common Underground station is being offered with a guide of £3.5m-£3.6m in the next Allsop commercial sale.
The SW4 property, which includes a flat above, is among 20 lots guided at £1m or more. A total of 88 lots are listed for the 17 July sale.
They also include the former Archbishop Tenison’s school in Oval, SE11, guided at £4.5m, which has been attracting strong interest from investors and developers.
Regional assets include a well-let portfolio of four KFC drive thru investments in Scotland, let until 2041 with RPI increases. Guide prices range from £600,000–£875,000.
George Walker, partner and auctioneer, said: “The last auction before the summer will also give buyers the chance to invest into some stability in the UK, in an environment where a modest interest rate reduction now seems a reality before the end of the summer.
“Our clients’ faith in entering these bigger lots will no doubt be rewarded as buyers seek out quality to improve their portfolios”
Allsop has transacted more than £480m at auction this year.
Photo © Allsop
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