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Agent's details

Wallis House, Great West Road, Brentford, Greater London

For sale: £4,000,000.00|33,140 Sq Ft|Office, Leisure Property, Mixed Use, Other, Offices, Licensed & Leisure, Other Property Types & Opportunities

Property details

FOR SALE£4,000,000.00
SIZE33,140 Sq Ft
ADDRESSWallis House, Great West Road, Brentford, Greater London
TYPEOffice, Leisure Property, Mixed Use, Other, Offices, Licensed & Leisure, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON15th October 2021

Description

PROMINENT WEST LONDON REFURBISHMENT OPPORTUNITY

Key Features

- Well located within the 'golden mile'

- Adjacent to the M4 with Junctions 2 and 4b being within 0.8 miles and 10 miles respectively

- Corner stone building of the award winning GWQ

- 33,140 sq ft of office/studio/leisure accommodation (B1, D1 and D2)

- Fully let to BDW Trading Limited (5A1). Lease guaranteed by Barratt Developments PLC (5A1)


- 15 years from 29 June 2007 (expires 28 June 2022 - approximately 0.67 years unexpired)

- Long leasehold interest - 143.7 years unexpired (peppercorn)

- Combined rent of £456,979 per annum (£13.78 sq ft GIA)

- Offers are sought in excess of £4,000,000 (Four Million Pounds) subject to contract and exclusive of VAT.

- This reflects an attractive Net Initial Yield of 10.72% and a low capital value of £120 per sq ft (GIA) assuming purchasers costs of 6.54%


( Agency Pilot Software Ref: 110805 )

Location

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Location: Wallis House, Great West Road, Brentford, Greater London

South Ealing (0.8 miles)

Northfields (0.9 miles)

Gunnersbury (1.0 miles)

Kew Bridge (0.3 miles)

Brentford (0.5 miles)

Kew Gardens (1.0 miles)

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