Retail premises for sale in Smugglers Way, London SW18
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Property features
- Single let to Serenity Interiors Limited, trading as Roche Bobois
- Recently regeared lease providing 4.1 years to expiry
- Total income of £210,000 per annum reflecting a low rent of £21 per sq ft
- Adjacent to major btr development by L&G providing over 1,000 new homes
- Substantial ground floor showroom providing 10,101 sq ft
- Extensive glass frontage of over 50 metres
- 350 car parking spaces within a 5 min walk
- International furniture brand trading from subject premises for over 18 years
Property description
The property comprises an extensive retail showroom forming part of Riverside West Development, constructed in 2002 by St George plc. The upper parts are sold off separately and consist of two dissimilar buildings. The glazed, three storey section of the property is occupied by office tenants on the first and second floors. The adjoining building extends to 8 storeys in total and contains residential apartments which do not form part of the sale.
The commercial unit provides 10,101 sq ft of accommodation over ground floor, with an extensive frontage of c. 50 metres. The property lends itself to a wide variety
of alternative uses (subject to planning). Office rents in the local area reflect c. £40-45 per sq ft, providing a significant reversion.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Clifton Agency, W1F on +44 20 8166 3016 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Clifton Agency, and do not constitute property particulars. Please contact Clifton Agency 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.