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Commercial investment for sale in Wandsworth

6 Compass House, Riverside West, Wandsworth SW18 1DB
For sale
£650,000
houston-lawrence
This property is marketed by:
Houston Lawrence

Key features

  • Prominent position
  • Investment opportunity
  • Rental income
  • Part vacant possession
  • Popular residential and commercial area
  • Riverside development
  • Excellent transport links
  • Virgin Active on-site

Location

Riverside West was developed by St George and is set on the banks of the River Thames, located on Smugglers Way. Wandsworth Town rail station is adjacent to the development, offering direct access into London Waterloo and Clapham Junction. The area is similarly well connected with local bus routes. The available office is surrounded by a selection of bars and restaurants including Virgin Active Gym, mini independent convenience stores plus the local amenities in Wandsworth Town all within close proximity.

Description

Compass House comprises a ground floor commercial unit located in a popular residential and commercial area forming part of Riverside West in Wandsworth.

Ground floor investment opportunity with vacant possession of unit 6a Compass House (845 sq.ft.) and subject to lease of 6B Compass House to Martin & Co (616 sq.ft.).

Held on a 999-year ground lease from December 2002 at a peppercorn (979 years unexpired).

6b Compass House is let to Martin & Co for A2 estate agency use for a term of 5 years from 1st July 2019 (expires 30th June 2024) at an annual rental of £30,000 pa exclusive.