First time being offered For Sale!
Prestigious Wimbledon Village address in an affluent and globally recognised location. Prominent corner property, with strong visibility & passing trade with a unique glass pavilion top floor with wrap-around terrace. Secure tenants (APPI Clinics Ltd & Andrew Pinchin Architects Ltd ) with personal guarantees. Reversionary rents & Landlord retains control at expiry 2028 (1954 Act excluded).
Location
Wimbledon Village is a prestigious South West London suburb well known for not only its sporting connections, but also its affluent residential population and fashionable retailers. The area benefits from excellent transport links being served by Wimbledon Broadway Station (National & District Lines), numerous bus connections and cycle routes plus excellent road links with the A3 situated nearby providing direct access both into Central London and to the South West.
Accommodation
The property includes:
- Aircon and underfloor heating
- CCTV
- Hardwood finishes
- Floors can be easily split and used by separate entities or as a whole
- Acoustic sound panelling on penthouse office, alarm, designers office.
This four storey property benefits from E Class use and is currently tenanted by:
- APPI Clinics Ltd (Ground, Basement Floors) 10 year lease expiring Mar 2028, passing rent of £37,000 per annum.
Ground and basement totals 967 sq ft.
- APPI Clinics Ltd (First Floor) 4 year lease expiring Mar 2028, passing rent £17,000 per annum rising to £18,000 per annum in 2027. First floor totals 481 sq ft.
- Andrew Pinchin Architects Ltd (second floor) lease expiring Mar 2028, passing rent £24,000 per annum. Vacant possession of this floor an option. Second floor totals 301 sq ft, not including terrace.
Total Rental Income: £78,000 per annum
Seeking offers in the region of £1,650,000 reflecting a NIY of 4.43%.