Office for sale in Wilton Road, London SW1V

£5,400,000 (£702.39/sq. ft)
Interested in this property? Call +44 20 8033 5796 * or Request Details

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Office for sale 7,688 sq. ft*
Tenure: Not available Council tax band: Not available

Property features

  • Air conditioning
  • Slab-to-slab height of 3.0 metres
  • 1 x 8 person passenger lift
  • 10 cycle racks
  • Raised floor
  • WCs facilities on each floor
  • Recently refurbished shower facilities

Property description

Self-Contained Office Building For Sale

Overview

Welby House is a mid-terrace building with the entrance fronting the south side of Wilton Road. To the front there are large bay windows with lead panels which provide a distinguished appearance.

The building has a London Stock Brick façade, with mansard and pitched slate tiled roof. Welby House was built in the 1990s and is arranged over lower ground, ground and three upper floors, the floor plates range between 917 sq ft and 2,384 sq ft.

The reception has been recently refurbished and provides access to bicycle storage. There are changing and shower facilities located in the lower ground.

Executive Summary:
Freehold
Leased to two office tenants with one vacant floor of 7,688 sq ft arranged over lower ground, ground & three upper floors
300 metres to London Victoria station
Average rent equates to £39.18 per sq ft
Lease expiries in 2025 & break options in 2024, offering potential to enhance the building

Offers are invited in excess of £5,400,000, representing a net initial yield of 5.22% and a capital value of £702 per sq ft (assuming purchaser’s costs of 6.8%).

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Tuckerman Commercial, SW1E on +44 20 8033 5796 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Tuckerman Commercial, and do not constitute property particulars. Please contact Tuckerman Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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