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Newton House 50 Vineyard Path 3,463 sq ft Vacant Office Property London SW14 8ET £1,400,000 (£404.27/sq ft)



INVESTMENT HIGHLIGHTS
- Gas fired central heating
- 3 compartment perimeter trunking
- Recessed lighting
- Air cooling
- Recessed lighting
- 2 Car parking Spaces
EXECUTIVE SUMMARY
Newton House is an attractive 2-storey brick-built office building providing character offices, located minutes from the recently appoved Stage Brewery Development which is likely to see substantial regeneration of the locality. Comprising of approx 3400sq ft of open plan office space over ground and first floor. The property comes with the added benefit of 2 off street parking spaces.
With a low cap value of £400/sqft the property may lend itself to Residential conversion, or a variety of other uses, prospective purchasers should rely on their own enquiries in this regard. Part of the ground floor is currently let with a rolling 6 months break clause, allowing for passive income and part relief from business rates prior to occupation or development of the site - further details available on request.
The building is located just off Mortlake High Street, on The Vineyard overlooking Mortlake Green. A secondary access is available to the rear of the property, accessed via a right of way over the adjoining courtyard at 15-17 Sheen Lane
Mainline rail services are available within walking distance from Mortlake (under 5 minutes) and Barnes Bridge station (under 15 minutes) providing a regular service into London Waterloo with a journey time of approximately 30 minutes. The property is a short walk from Sheen with local amenities together with Tesco and Waitrose.
With a low cap value of £400/sqft the property may lend itself to Residential conversion, or a variety of other uses, prospective purchasers should rely on their own enquiries in this regard. Part of the ground floor is currently let with a rolling 6 months break clause, allowing for passive income and part relief from business rates prior to occupation or development of the site - further details available on request.
The building is located just off Mortlake High Street, on The Vineyard overlooking Mortlake Green. A secondary access is available to the rear of the property, accessed via a right of way over the adjoining courtyard at 15-17 Sheen Lane
Mainline rail services are available within walking distance from Mortlake (under 5 minutes) and Barnes Bridge station (under 15 minutes) providing a regular service into London Waterloo with a journey time of approximately 30 minutes. The property is a short walk from Sheen with local amenities together with Tesco and Waitrose.
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Property Type
Office
Tenure
Freehold
Property Size
3,463 sq ft
Costar Property Class
C
Year Built
1989
Price
£1,400,000
Price per sq ft
£404.27
Occupancy Rate
Vacant
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
1,732 sq ft
Plot ratio
1.32
Total Plot Size
0.06 ac
Parking
2 Spaces (0.58 Spaces per 1,000 sq ft Leased)
AMENITIES
- Bus Route
- Security System
- Storage Space
- Secure Storage
- Air Conditioning
- Smoke Detector
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Presented by
Fairdale Property
Newton House | 50 Vineyard Path
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