43, Meridian House, Unit 43 Battersea Reach, Wandsworth SW18 1TX
- SIZE AVAILABLE
3,106 sq ft
289 sq m
- SECTOR
Leisure facility for sale
Key features
- Let to Shredquarters Gym.
- £80,000 rent per year.
- 15 year lease.
- Riverside development.
- Class E consent.
- Prominent frontage.
- Self-contained ground floor unit.
- 999-year long leasehold.
Description
For a more scenic commute, Plantation Wharf Pier is nearby, providing easy access to the River Bus service along the Thames.
Battersea Reach also boasts a fantastic range of local amenities to suit every need. These include a Tesco Express, Edible Kitchen, Caserta Deli and the popular Waterfront Pub (Young's & Co).
Self contained ground floor unit extending to a total area of approximately 3,106 sq. ft.
Based in the Battersea Reach mixed-use scheme.
Currently let to Fortis Animus Limited trading as Shredquarters for a term of 15 years from 08/06/2023. The passing rent is £80,000 per year exclusive with rent reviews every 5 years of the term.
There is a tenant only break clause at the expiry of the 7th year of the term. The lease is outside the Landlord and Tenant Act 1954 part II.
Offers in excess of £895,000.
An asking price of £895,000 reflects a net initial yield of 8.37%, allowing for standard purchasers costs of 6.8%.
Accommodation:
Ground Floor: 3,106.00 sqft
Brochures
43, Meridian House, Unit 43 Battersea Reach, Wandsworth SW18 1TX
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Wandsworth Town Station0.3 miles
- Clapham Junction Station0.6 miles
- Imperial Wharf Station0.7 miles
Notes
Disclaimer - Property reference 116547. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Houston Lawrence, Wandsworth. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Map data ©OpenStreetMap contributors.