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Wallis House, Great West Road, Brentford, TW8 9BS
33,140 Sq Ft / Leisure / General Leisure
Withdrawn - Last updated: 21 October 2022
Prominent West London refurbishment opportunity
- Well located within the 'golden mile' Adjacent to the M4 with Junctions 2 and 4b being within 0.8 miles and 10 miles respectively.
- Located within an iconic Grade II listed development Corner stone building of the award winning GWQ
- 33,140 sq ft of office/studio/leisure accommodation (B1, D1 and D2).
- Fully let to BDW Trading Limited (5A1)
- Lease guaranteed by Barratt Developments PLC (5A1)
- Six FRI leases.
- 15 years from 29 June 2007 (expires 28 June 2022 - approximately 0.67 years unexpired).
- Includes 60 secure car parking spaces.
- Former sale and leaseback - head office for Barratt, West London.
- Long leasehold interest - 143.7 years unexpired (peppercorn).
- Combined rent of £456,979 per annum (£13.78 sq ft GIA).
- Potential for alternative uses (subject to planning).
- A portfolio of 124 residential ground leases located at Wallis House are available separately.
- Reflecting an attractive Net Initial Yield of 10.72% and a low capital value of £120 per sq ft (GIA) assuming purchasers costs of 6.54%.
Location Highlights
The property is located in Brentford, a town in West London forming part of the London Borough of Hounslow. The town of Brentford is located just south of the M4, with Junctions 2 and 4b being within 0.8 miles and 10 miles respectively and providing access to the national motorway network via the M25 London Orbital Motorway.
Key Features
( Agency Pilot Software ref: 110805 )
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