Ashtar, Battersea

03 July 2012

 

SUBJECT TO CONTRACT

Dear Sir/Madam

Please follow the web link below to find sales particulars of no. 5 Lavendar Hill, Battersea (t/a Ashtar) which is being sold freehold subject to the existing occupational lease.  The lease is for 20 years from March 2012 and the rent passing is £45,000 per annum.

The building is set out over three storey above basement and has an approximate Gross Internal Area of 561 sq m (6,038 sq ft). 

The freehold interest is offered for sale at the guide price of £750,000.  This equates to an asking price of circa £124 per sq ft in terms of Gross Internal Area for the freehold interest and represents a net initial yield of approximately 5.7% after purchasing costs taken at 5.8% of the guide price.

Should you have any further queries regarding the above, please do not hesitate to contact Panayiotis Themistocli of Sole Selling agents AG&G on tel: 020 7836 7826 or email: pthemistocli@agg.uk.com.

Kind regards

AG&G Chartered Surveyors

Please note: An Energy Performance Certificate has been commissioned and will be made available shortly.

t/a Ashtar
Region: Battersea
Tenure: Freehold
Price: £750,000