£9.125.000
Confirmation
West London Value Add Opportunity
Property Details
Broker
For sale
78,540 sq.ft.
7,297 m²Leasable area
116 £/sq.ft.
1,250 £/m²Freehold
Fees
Investment Overview
Property comprises of a modern glass & steel office building of 78,540 sq ft arranged over ground and 2 upper floors, which sits on a plot of 3.5 acres. The office floor plates total 26,000 sq ft, but are capable of providing suites of various sizes, and wrap around a full-height central atrium.63% of the property has already been refurbished to include VRF air conditioning, metal tiled suspended ceilings, and LED lighting. 255 car parking spaces, providing an excellent ratio of 1:308 sq ft . 87% vacant providing the immediate opportunity to add value. Opportunity to create the market leading, environmentally sustainable & tenant focused office proposition within the West London. The property is managed by Savills with the current service charge year ending on 31st March 2024. The current budget stands at £779,855.95 per annum which equates to £9.93 per sq ft overall.
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