The subject property comprises a detached, 1950’s style industrial unit of brick elevations with two-storey offices to the front. To the ground floor there are offices, a male and female WC with a shower, kitchen and storage/warehouse accommodation. The first floor comprises further office accommodation together with a single WC and small kitchenette.
Location
The property is located on an established industrial estate fronting Lyon Road. It is within walking distance of South Wimbledon and Colliers Wood Underground stations (Northern Line) and the Morden Road Tramlink station.
Accommodation
Ground Floor: 2,645 sq. ft. (245.69 sq. m.)
First Floor: 1,107 sq. ft. (94.44 sq. m.)
Total: 3,661 sq. ft. (340.13 sq. m.)
Terms
TENURE - Head Lease expires 01/02/2031.
Ground Rent £5,510 p.a excel No reviews
Sub Lease
FRI subject to a rent review in 01/02/2029 expiring 01/02/2031
Current Rent £46,000 per annum exclusive
Sub Tenant
Falcon Works Ltd a service office operator Company reg 09404669
VAT - The property is not elected for VAT.
EPC - Band E (121).
RATES :
Rateable value: £28,250
The 2018/19 UBR is 48.0p in the £.
ASKING PRICE - £225,000
LEGAL COSTS - Each party is to bear their own legal costs incurred in this transaction.
Specification
- 4 Car parking space
- Gas fired central heating