Prime freehold office investment

An exceptional prime freehold office investment located in the heart of Wimbledon, a south west suburb of London. The property comprises 81,238 sq ft of Grade A office accommodation. Total rent of £3,871,119 pa including guarantees reflecting a low average rent of £47.30 psf. 20,910 sq ft of newly refurbished vacant space on the 3rd and 6th floors. A two year rents, rates and service guarantee is being offered on the vacancy, at an ERV of £52.50 psf. WAULT of 3.5 years to break and 4.9 years to expiry. 65 tenant car parking spaces reflecting an excellent ratio of 1:1,250 sq ft with an additional 300 spaces for public use below the building let to the London Borough of Merton on a long lease. A comprehensively refurbished reception finished in September 2022. 40 covered cycle spaces with new high quality end of trip facilities, including showers and drying room, providing a unique tenant amenity in the centre of Wimbledon. Further ability to enhance the ‘welcome’ experience with architect designs drawn for a new entrance. The building is positioned on a site area of approximately 0.98 acres.