Office for sale
Property description & features
- Private entrance
- AC System
- Open Plan
- Kitchen
- Class B
- Owned by an SPV
- Excellent transport Links
- Leasehold 976 years
Modern fully self-contained ground floor office for sale. Can be used as an office or other commercial unit (e.g. shop, services)
Let to a private consultancy company till 28 June 2024 currently producing £70,000 per annum (FRI lease) and a net initial yield of 4.3%.
Conveniently located in the gated St George Wharf development, benefiting from a private entrance and just a 6-minute walk from Vauxhall Station, providing excellent transport links.
The property is owned by an SPV and can be sold as such or as an asset.
Tenure - Leasehold
Length of lease (years remaining) - 999 years from 1999 (remaining 976 years)
Annual ground rent amount (£) - £120 per year
Annual service charge amount (£) - circa £8400 per year in 2023
VAT: this property is elected for VAT
Class: B.
Property information from this agent
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Broadband availability and predicted speed
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Energy Performance data and Internal floor area
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