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West London Value Add Opportunity

Uxbridge, United KingdomUnlock address

85%

£9.125.000

Office

#17118

Value-Add

31 May 2024

Property Details

Broker

For sale

78,540 sq.ft.

7,297 m²

Leasable area

116 £/sq.ft.

1,250 £/m²

Freehold

X

Fees

0.00 %

0.40 %

0.00 %

0.40 %

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.