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1 Vencourt Pl 4,920 sq ft Office Property London W6 9LX £2,700,000 (£548.78/sq ft) 7.18% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Wealth of local amenities
- Amazing Transport Links
- Great natural Lights
EXECUTIVE SUMMARY
The property is let to Spence Harris Hogan Limited for a term of 15 years from 22nd July 2022 at a current rent of £193,800 per annum exclusive. There is a tenant only break clause at the end of the 5th year of the term subject to 6 months written notice”. Spencer Harris Hogan Ltd or SHH, an international architects and interior design firm who have occupied the property for over 20 years.
Located within Hammersmith & Fulham. The current classification for the site is Class E (office). The tenure is freehold. The site may be suitable for a change of use subject to the usual planning consents.
Located within Hammersmith & Fulham. The current classification for the site is Class E (office). The tenure is freehold. The site may be suitable for a change of use subject to the usual planning consents.
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Property Type
Office
Tenure
Freehold
Property Size
4,920 sq ft
Costar Property Class
B
Year Built
1985
Price
£2,700,000
Price per sq ft
£548.78
Yield
7.18%
NOI
£193,800
Tenancy
Single
Number of Floors
2
Typical Floor Size
2,460 sq ft
Parking
5 Spaces (1.02 Spaces per 1,000 sq ft Leased)
AMENITIES
- Signage
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1 Vencourt Pl
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