Strettons Limited, Industrial

2 Hebden Place, Nine Elms, London, SW8 2FR

£1,250,000

Under offer

Size

1,873

Tenure

Freehold

EPC

Parking

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Spaces

1

Space
Space use
Size
Ground
Other
1,873
Size
Primary use
Other

Key features

  • Adjacent to Nine Elms underground station (Northern Line), and Sainsbury’s supermarket. Nearby occupiers include Waitrose, Starbucks, The Alchemist, and District Coffee
  • Part of the larger Vauxhall Nine Elms Battersea (VNEB) opportunity area, one of the largest regeneration projects in Europe and that London has seen
  • Affluent demographic - with 59% of the population categorised ‘City Sophisticates’ (16.2x larger than the national average) and 40% categorised affluent AB social grade (against a national average of 22.3%)
  • The property has a low EPC rating of B-37
  • Let on a 20-year term expiring June 2039, with 5 yearly breaks (13.50 years to expiry and 3.50 years to break) at a passing rent of £112,300 per annum. Subject to 5 yearly rent review to the higher of passing, open market, or uncapped/collared RPI.
  • Lease contracted outside the 1954 Act security of tenure protection
  • To be sold via existing 999-year long lease at a peppercorn rent

Description

Virtual Freehold Supermarket investment Adjacent to Nine Elms Station

Additional information

Service charge
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Business rates
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Key features

  • Adjacent to Nine Elms underground station (Northern Line), and Sainsbury’s supermarket. Nearby occupiers include Waitrose, Starbucks, The Alchemist, and District Coffee
  • Part of the larger Vauxhall Nine Elms Battersea (VNEB) opportunity area, one of the largest regeneration projects in Europe and that London has seen
  • Affluent demographic - with 59% of the population categorised ‘City Sophisticates’ (16.2x larger than the national average) and 40% categorised affluent AB social grade (against a national average of 22.3%)
  • The property has a low EPC rating of B-37
  • Let on a 20-year term expiring June 2039, with 5 yearly breaks (13.50 years to expiry and 3.50 years to break) at a passing rent of £112,300 per annum. Subject to 5 yearly rent review to the higher of passing, open market, or uncapped/collared RPI.
  • Lease contracted outside the 1954 Act security of tenure protection
  • To be sold via existing 999-year long lease at a peppercorn rent

Description

Description
Unit E, Hebden Place is a prominently positioned ground-floor commercial unit within the Nine Elms Point development on Wandsworth Road, close to the junction with Nine Elms Lane. The mixed-use Nine Elms Point scheme comprises approximately 645 residential apartments, commercial units, affordable workspace and a Sainsbury’s superstore, set within a fully regenerated and densely populated urban environment.

The unit is fully open plan and benefits from a large, highly visible corner position with an extensive fully glazed frontage, providing excellent natural light and strong street presence. The property enjoys an impressive ceiling height of approximately 5 metres, offering flexibility for a range of commercial and retail layouts.

The unit benefits from its own dedicated street entrance directly from Wandsworth Road, enhancing accessibility and prominence. Historically consented for Class A1/A2/A4 and D1 uses (now falling within Class E under the revised Use Classes Order, subject to confirmation), the unit offers versatile accommodation well suited to retail, food, leisure, and medical occupiers.

It is currently let to 0086 Limited, trading as a Chinese supermarket, providing a complementary specialist retail offer alongside the adjacent Sainsbury’s superstore.

Location
Located within the London Borough of Lambeth in south London, the property is within the Nine Elms Point development constructed in 2019 and enjoys a prime position in the heart of Nine Elms, one of London’s most ambitious and successful regeneration areas.

Situated immediately adjacent to the new Nine Elms Underground Station (Northern Line extension) and next door to a major Sainsbury’s supermarket, the property benefits from exceptional visibility, footfall, and accessibility.
Strettons Limited, Industrial

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Additional information
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Energy performance certificate: B

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Environmental data
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Read more about energy considerations for commercial property

Brochure

2 Hebden Place, Nine Elms, London, SW8 2FR

NEAREST STATIONS

London Underground

Nine Elms Station

0.03 miles

National Rail
London Underground

Vauxhall Station

0.42 miles

London Underground

Battersea Power Underground Station

0.6 miles

About Strettons Limited, Industrial

Strettons Limited, Industrial

Award-winning commercial and industrial agencies with specialist knowledge in East and North London. Our agency teams cover a wide cross-section of the market, with knowledge of each sector and what its investors or modern occupiers need to grow their operations.

Part of a multi-disciplinary firm with a full range of complementary commercial services, we work together to offer advice on every stage of property ownership. As a team, we cover Office, Retail, Licenced & Leisure, Investment, Development, Medical, Educational and Community, Hotels, Flexible Workspace and Tenant Representation.

Please contact us to speak about any of your search requirements or questions.

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