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Tintagel House, Albert Embankment, Charing Cross, SE1 7TT
not specified / Offices
Withdrawn - Last updated: 05 October 2020
- Prime river-front property with impressive views over the River Thames and the West End of London- Large 0.82 acre river-fronted site with an exceptionally low site density of 29%- Excellent opportunity to benefit from significant regeneration and infrastructure improvements to the local area including Nine Elms, Battersea and Vauxhall- Offered with full vacant possession providing the opportunity to refurbish and capture rental growth- Clear rectangular floor plates offering excellent natural light on all four sides and a generous floor to ceiling height- The property provides 78,066 sq ft (NIA) of office accommodation arranged over ground and ten upper floors- Typical floor plates are 7,200 sq ft and run parallel to the river providing panoramic views over the apex of the River Thames- The property benefits from 63 car parking spaces- Long leasehold for a term of 125 years from September 1958 (approximately 68.75 years unexpired)- The head rent is currently £375,525 per annum. The head rent will next be reviewed in 2024- The property is not listed and is located within the Vauxhall Nine Elms Battersea Opportunity Area and the London Borough of LambethOur client is seeking offers in excess of £20,000,000 (Twenty Million Pounds), subject to contract and exclusive of VAT, for either the leasehold interest in Tintagel House or the special purpose vehicle owning the leasehold interest in Tintagel House. A purchase at this price would reflect a capital value of £256 per sq ft.
Location
Tintagel House, Albert Embankment, SE1 7TT, London: West End
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