Newington, Southwark warehouses for sale on Realla. By searching for all industrial property for sale in Newington, Southwark on Realla you have access to a range of light and heavy industrial units, warehouses, workshops, yards, garages and lock-ups available to buy now in Newington, Southwark. Search for Newington, Southwark warehouses for sale today and contact local Newington, Southwark industrial property selling agents.
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Freehold Asset Management / Redevelopment Opportunity In Battersea, South West London, Stewarts Road Estate is located in Battersea, south west London in the borough of Wandsworth. Stockwell is located to the northeast of the site and the former Battersea Power station is located to the north. The property benefits from good road communication links, with the A3 being 0.5 miles to the south west, providing access south to the M25, Surrey and Hampshire., The local area has good public transport links with London Overground services from Wandsworth Road Station and Northern and Victoria lines connections at Stockwell., Subject to securing the necessary consents, there is an opportunity for a variety of redevelopment or asset management opportunities., Further information relating to the property and the proposed scheme is available in the dataroom: https://sites.savills.com/stewartsroad, 0.14 hectare (0.35 acre) freehold, Asset management/ redevelopment opportunity, subject to planning consent, Close proximity of Wandsworth Road Station, Existing site comprises 13,847 sq ft GIA and car park, Full vacant possession from November 2020, The site extends to approximately 0.14 hectare (0.35 acre) and comprises three adjacent and separately accessed two storey buildings, and a surface car park. The total existing floor space comprises approximately 12,408 sq ft NIA of office / light industrial use and associated car parking. The property is currently multi-let on a number of short term leases and tenancies at will, with full vacant possession achievable from November 2020.
Location: The site is located within Rheidol Mews, a private gated mews accessed via Rheidol Terrace, close to its junction with St. Peters Street and Chantry Street. The properties come within the conservation area of Duncan Terrace/Colebrooke. To the east, there is the recently redeveloped Canalside Square with the immediate surrounding area predominantly comprising residential flats and houses. The City of London Academy Islington lies to the north.
Comprising a ground floor café unit which overlooks the canal and will provide a drop off point for the many walkers and cyclists that will pass by on the towpath. The unit benefits from a variety of uses including A1/A2/A3/B1 and D1 uses.
• Affluent north London suburb and busy thoroughfare
• Highly prominent trading location in a densely populated area
• Well secured to Sainsbury’s Supermarkets Ltd
• The property is NOT elected for VAT
• Offers in excess of £1,285,000
• A purchase at this level will show a NIA of 5.5% after normal purchaser’s costs, assuming the rent rises to £75,000 pa following the outstanding rent review negotiations.
Realla is one of the leading commercial property marketplaces in the UK. With over 1,800 industrial units for sale in the UK and a total stock size of over 378 million square ft, industrial real estate has become a popular asset class amongst investors. Industrial units for sale constitutes 15% of all types of properties for sale in the UK - the third biggest segment. With over half a million monthly visits on Realla and properties updated daily, Realla also attracts a large community of Newington, Southwark commercial real estate professionals.