Skip to content
COMMERCIAL

St. George Wharf, Lambeth

£1,100,000
A Z Real Estate, London
PROPERTY TYPE

Office

SIZE

2,553 sq ft

237 sq m

Key features

  • Private entrance
  • AC System
  • Open Plan
  • Kitchen
  • Class B
  • Owned by an SPV
  • Excellent transport Links
  • Leasehold 976 years

Description

Self-contained ground floor 2,553 sq ft office space minutes from Vauxhall is now offered for purchase at a capital value in the region of £607 per sqft. Let till summer 2024 producing £70,000 of rental income per annum and reflecting a net initial yield of 4,3%

Modern fully self-contained ground floor office for sale. Can be used as an office or other commercial unit (e.g. shop, services)

Let to a private consultancy company till 28 June 2024 currently producing £70,000 per annum (FRI lease) and a net initial yield of 4.3%.

Conveniently located in the gated St George Wharf development, benefiting from a private entrance and just a 6-minute walk from Vauxhall Station, providing excellent transport links.

The property is owned by an SPV and can be sold as such or as an asset.

Tenure - Leasehold
Length of lease (years remaining) - 999 years from 1999 (remaining 976 years)
Annual ground rent amount (£) - £120 per year
Annual service charge amount (£) - circa £8400 per year in 2023
VAT: this property is elected for VAT
Class: B.

Brochures

St. George Wharf, LambethRealla listingBrochure

St. George Wharf, Lambeth

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Vauxhall Station0.2 miles
  • Nine Elms Station0.4 miles
  • Pimlico Station0.4 miles

About the agent

A Z Real Estate, London

7 Marylebone Lane, London, W1U 1DB

A Z Real Estate, London

AZ Real Estate is a client-focused real estate company that provides an excellent service for sales of residential properties in London. We are proud to facilitate the arduous property search process for the acquisition of the property that meets the client's needs in an effortless and simple manner.

More properties from this agent

Industry affiliations

Property Redress Scheme

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 31510606. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by A Z Real Estate, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

Your search history

You have no recent searches.