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153 Wandsworth Rd - Sky Gardens 5,000 sq ft Office Unit Offered at £2,250,000 in London SW8 2GB
INVESTMENT HIGHLIGHTS
- Winner of 2014 'Best Housing Project' award
- Communal sky gardens
- Managed reception services
EXECUTIVE SUMMARY
Vauxhall Sky Gardens is a 36 storey mixed-use building comprising 7 floors of offices and 239 residential apartments. Situated within walking distance of Vauxhall Underground (Victoria Line), with occupiers nearby including Sainsbury`s Superstore, Argos, Restaurants, Café`s and many more.
PROPERTY FACTS
| Total Property Size | 1,393,524 sq ft | Typical Floor Size | 12,925 sq ft |
| Property Type | Build-to-Rent (Unit) | Year Built | 2017 |
| Property Subtype | Apartment | Total Plot Size | 31.99 ac |
| Costar Property Class | B | Parking Allocation | 0.38/1,000 sq ft |
| Floors | 36 |
| Total Property Size | 1,393,524 sq ft |
| Property Type | Build-to-Rent (Unit) |
| Property Subtype | Apartment |
| Costar Property Class | B |
| Floors | 36 |
| Typical Floor Size | 12,925 sq ft |
| Year Built | 2017 |
| Total Plot Size | 31.99 ac |
| Parking Allocation | 0.38/1,000 sq ft |
1 UNIT AVAILABLE
Unit 5th
| Unit Size | 5,000 sq ft | Sale Type | Investment or Owner Occupier |
| Price | £2,250,000 | Tenure | Long Leasehold |
| Price Per sq ft | £450.00 | Net Initial Yield | 5.11% |
| Unit Use | Office | NOI | £114,975 |
| Unit Size | 5,000 sq ft |
| Price | £2,250,000 |
| Price Per sq ft | £450.00 |
| Unit Use | Office |
| Sale Type | Investment or Owner Occupier |
| Tenure | Long Leasehold |
| Net Initial Yield | 5.11% |
| NOI | £114,975 |
DESCRIPTION
Comprises self-contained office accommodation arranged over entire 5th floor of Vauxhall Sky Gardens, providing the following accommodation and dimensions:
Fifth Floor: 465 sq m (5,000 sq ft)
Reception, 5 open plan office suites, kitchen, men & ladies wc
Location:
Situated in the Nine Elms regeneration area, Vauxhall Sky Gardens benefits from proximity to various transport links, including Vauxhall Underground and mainline stations, as well as the Nine Elms station on the Northern Line extension. The area is undergoing significant redevelopment, featuring new homes, offices, restaurants, and cultural spaces. The property is situated within walking distance of Vauxhall Underground (Victoria Line), with occupiers nearby including Sainsbury`s Superstore, Argos, Restaurants, Café`s and many more.
SALE NOTES
Investment Consideration:
Purchase Price: £2,250,000
Vacant possession
ERV: £115,000 p.a. GIY: 5.11%
VAT is applicable to this property
Comprises office accommodation arranged over entire 5th floor
Communal sky gardens on the 8th and 34th floors, providing serene spaces for relaxation and informal meetings
Managed reception services to welcome clients and visitors
Vauxhall Sky Gardens is a 36 storey mixed-use building comprising 7 floors of offices and 239 residential apartments
Winner of 2014 'Best Housing Project' award at the Sunday Times British Homes Awards
Situated within walking distance of Vauxhall Underground (Victoria Line), with occupiers nearby including Sainsbury`s Superstore, Argos, Restaurants, Café`s and many more.
Tenure:
Leasehold. Held on a 999 Year lease from 2017 at a ground rent of peppercorn.
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153 Wandsworth Rd - Sky Gardens
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