Wellington Works, London, Investment / Office, For Sale

Sold

Inner London Freehold Industrial and Office Estate
Multi-let Estate comprising 8 industrial units and 2 office units totalling 16,229 sq ft (1,507 sq m)
Let to 7 established tenants on FR&I leases plus 1 vacant office unit covered by vendor guarantee
Total income of £228,120 per annum reflecting £12.95 per sqft on the industrial units and £21.75 per sq ft on the office units.
Proven reversion with most recent warehouse letting at £17 per sq ft
Future potential for residential led redevelopment (subject to planning)
Site extends to 0.37 hectares (0.92 acres) giving a low site coverage of 40%

Wellington Works, Wimbledon, London, SW19 8EQ