DescriptionOffers of £1,800,000 are invited for the freehold interest.
LocationThe property is situated in Roehampton, immediately adjacent to Putney Heath, within the established southwest London residential catchment of SW15. The location combines a leafy suburban environment with easy access to Putney, Barnes, Wimbledon, Richmond Park and wider London transport links.
The OpportunityRare opportunity to acquire a freehold veterinary surgery investment in an affluent and highly sought-after South West London location. We are seeking offers in excess of £1,800,000 reflecting a net initial yield of 5.23%, assuming purchasers costs of 6.22%. The property is held in a single limited company (One Treville Property Limited) providing a reduction in purchaser costs if purchased by way of a share sale.
Investment SummaryThe investment offers secure income from a strong healthcare covenant in a prime London freehold location, underpinned by affluent local demographics, excellent visibility, and strong underlying residential values. The current rent is reversionary relative to market evidence, providing potential for rental growth at the next upward-only rent review, with estimated market rent rising to £110,000-£120,000 per annum and generating a reversionary yield of approximately 6.1%-6.7%. At the quoting price, the asset reflects a capital value of around £523 psf, which appears well supported by both surrounding residential values and its alternative-use potential, subject to planning, making it an attractive opportunity with a compelling medium-term growth profile.