Self contained office for sale in Wandsworth

This property is marketed by:
Houston Lawrence

Key features

• Area 3,451 sq. ft.
• 999-year Long leasehold
• Riverside development
• Self-contained office
• 3,451 sq. ft.
• Current income £80,000 pa.
• Rising to £87,000 pa.
• Let to Randle Siddeley
• Capital value £290 per sq. ft.

Location

Battersea Reach is located near major road links via A3, South Circular (A205) and A24.The scheme is five minutes walk from Wandsworth Town Railway Station and is a short distance from London Heliport. Excellent connections via Wandsworth Town station giving quick access to Waterloo and Central London.

Battersea Reach is home to several other exciting and high-profile tenants, including Mindful Chef, Chelsea Upholstery, Farr Vintners and BoConcept.

Description

Ground floor office, fronting on to York Road and into the Battersea Reach Development, with a NIA of approximately 3,451 sq.ft. and a generous ceiling height of 4.4m. The property is mainly open-plan with air conditioning and meeting/ conference room.

The property is let to Randle Siddeley Limited (Co. Reg 01886586) on a new FRI lease for a period of 10 years, expiring September 2028. The lease has been varied by a deed of variation dated, to remove the break clause and rent reviews. The rent until 10th September 2023 will be £80,000 per annum exclusive. From the 10th September 2023 until expiry of the lease the rent will be £87,000 per annum exclusive.

Randle Siddeley was founded in 1985 by The Lord Kenilworth and relocated to Battersea Reach in September 2018 from their premises at 3 Palmerstone Court, London SW8 4AJ. Based in London, Randle Siddeley’s Design Division specialises in designing landscapes and gardens for private residences and commercial developments all over the world, with projects from the most modest of city roof terraces to the grandest of palaces and hotels.