Wimbledon is regarded as the most attractive office market in West London and the South East. The property has set the current prime office rent in Wimbledon at £56.00 psf. Each new leasing deal at the property since refurbishment has resulted in a new prime
headline rent being set. Income of £2,099,224 per annum, reflecting an average rent of £52.87 per sq ft. In 2019 the property benefitted from an extensive £11m (£275 psf) refurbishment creating one of the highest quality office buildings in West London and the wider South East. The property comprises a 39,961 sq ft Grade A office building over ground and four upper floors. EPC rating of B-27 sits in line with MEES 2030 target ensuring minimal future capex liability. Excellent income length with a WAULT to breaks of 5.1 years and 10.1 years to lease expiries. Forecast NABERS Rating of ‘5.5 Stars’ following pre-assessment.
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