A little more about the property

• An exceptional prime freehold office investment located in the heart of Wimbledon, a south west suburb of London
• The property comprises 81,238 sq ft of Grade A office accommodation
• Total rent of £3,871,119 pa including guarantees reflecting a low average rent of £47.30 psf
• Multi-let to Coty, Offshore Design Engineering (ODE) and Wella
• 20,910 sq ft of newly refurbished vacant space on the 3rd and 6th floors
• A two year rents, rates and service guarantee is being offered on the vacancy, at an ERV of £52.50 psf
• WAULT of 3.5 years to break and 4.9 years to expiry
• 65 tenant car parking spaces reflecting an excellent ratio of 1:1,250 sq ft with an additional 300 spaces for public use below the building let to the London Borough of Merton on a long lease
• A comprehensively refurbished reception finished in September 2022
• 40 covered cycle spaces with new high quality end of trip facilities, including showers and drying room, providing a unique tenant amenity in the centre of Wimbledon
• Further ability to enhance the ‘welcome’ experience with architect designs drawn for a new entrance
• The building is positioned on a site area of approximately 0.98 acres
• The property benefits from excellent connections being 100 yards from Wimbledon station with access to both the overground rail network, District Line underground and tram service, connecting Wimbledon to Central London in under 30 minutes
• The property is also easily accessible for occupiers by road with direct access to the A3, M25 and South East road network
• Wimbledon is one of the most sought after and affluent occupier, investor and residential locations in West London, benefiting from Wimbledon Village’s restaurants, bars and
shops and the popular Centre Court Shopping Centre

Property features

Net Initial Yield 9%

Investment