The property is prominently located on the entrance to Battersea Reach and fronts on to York Road. Other occupiers in the vicinity including Tesco Express, Roche Bobois, Bath Store and McDonalds. There are excellent transport links with train connections from Wandsworth Town to Vauxhall taking 9 minutes and Waterloo in just 15 minutes.
The demise comprises of a ground floor office with a GIA of 7,865 sq ft and an NIA of approximately 7,642 sq ft. The space is capable of subdivision and has a variety of entrances and 3 separate power supplies.
The offices will have a brand-new CAT A and CAT B media style fit-out with exposed services and raised floors. The space has been designed to incorporate a test kitchen, studio kitchen, photography studio, extensive breakout areas, fitness suite, showers, library, collaboration hub, open plan seating for 46, hot desking for 6 as well as three meeting rooms and a 12-person boardroom.
OFFICE INVESTMENT OPPORTUNITY
Virtual freehold available. Occupational lease let to Mindful Chef Limited until January 2031. Offers invited in excess of £4,150,000 (Four Million, One Hundred and Fifty Thousand pounds) subject to contract and exclusive of VAT for the Long Leasehold interest, which reflects a capital value of £527 per sq ft and an attractive 6.81% Net Initial Yield after purchaser’s costs of 6.8%.
Balance of a 999 year Long Leasehold with a fixed ground rent of £50 per annum.
Each party to bear there own legal costs.