Block D, Wandsworth Exchange, Wandsworth High Street, London, SW18 2PT
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- SECTOR
High street retail property for sale
Description
* Wandsworth is a vibrant suburb of South West London.
* Wandsworth boasts a highly affluent population of approximately 330,000 with 43.30% of residents categorised in the most affluent AB social grade.
* The property is situated in a highly prominent position on the southern side of the South Circular Road.
* The property is let to SPJ Climbing Two Limited t/a Clip 'n Climb for a term of 15 years from 17th November 2023 at a current rental of £142,500 per annum.
* The lease is subject to five yearly CPI linked (1%-4%).
* Long Leasehold expiring 2266 at a peppercorn rental.
We are instructed to seek offers in excess of £1,670,000 (One Million Six Hundred and Seventy Thousand Pounds) subject to contract and exclusive of VAT. Allowing for purchaser costs of 6.29%, a purchase at this price reflects a Net Initial Yield of 8%.
Brochures
Block D, Wandsworth Exchange, Wandsworth High Street, London, SW18 2PT
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Wandsworth Town Station0.3 miles
- East Putney Station0.9 miles
- Southfields Station1.0 miles
About FMX Urban Property Advisers, FMX Urban Property Advisers
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