£895,000

Leisure/hospitality for sale

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Under offer
Leasehold

£895,000

(£288.15/sq. ft)

Leisure/hospitality for sale

43, Meridian House, Unit 43, Battersea Reach, Wandsworth SW18

3,106 sq. ft

Local area information

Property location

Nearby amenities

  • St Faith's CofE Primary School 0.3 miles
  • Wandsworth Town 0.3 miles
  • Thomas's Fulham 0.4 miles
  • Clapham Junction 0.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for The Tonsleys, Sands End and Battersea to find out more about the local area.

Features and description

  • Leasehold
  • Let to Shredquarters Gym.
  • £80,000 rent per year.
  • 15 year lease.
  • Riverside development.
  • Class E consent.
  • Prominent frontage.
  • Self-contained ground floor unit.
  • 999-year long leasehold.
Battersea Reach is a vibrant riverside community, perfectly positioned to cater to both residents and businesses. It offers excellent accessibility with major road links via the A3, South Circular (A205), and A24, making travel by car convenient and efficient. Just a short walk away, Wandsworth Town station provides direct trains to Waterloo in just 15 minutes. For added convenience, Clapham Junction is only one stop away, offering fast connections to Victoria, London Bridge, and beyond.

For a more scenic commute, Plantation Wharf Pier is nearby, providing easy access to the River Bus service along the Thames.

Battersea Reach also boasts a fantastic range of local amenities to suit every need. These include a Tesco Express, Edible Kitchen, Caserta Deli and the popular Waterfront Pub (Young's & Co).

Self contained ground floor unit extending to a total area of approximately 3,106 sq. Ft.

Based in the Battersea Reach mixed-use scheme.

Currently let to Fortis Animus Limited trading as Shredquarters for a term of 15 years from 08/06/2023. The passing rent is £80,000 per year exclusive with rent reviews every 5 years of the term.
There is a tenant only break clause at the expiry of the 7th year of the term. The lease is outside the Landlord and Tenant Act 1954 part II.

Offers in excess of £895,000.
An asking price of £895,000 reflects a net initial yield of 8.37%, allowing for standard purchasers costs of 6.8%.

Accommodation:
Ground Floor: 3,106.00 sqft

Floor plans and tours

Floor plans (1)

1 floor plan available

View the floor plan to understand the space and layout of this property.

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  1. Zoopla
  2. Commercial for sale
  3. London
  4. South London
  5. Putney
  6. The Tonsleys
  7. Juniper Drive