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153 Wandsworth Rd - Sky Gardens 5,000 SF Office Condo Unit Offered at $3,027,856 in London SW8 2GB
Investment Highlights
- Winner of 2014 'Best Housing Project' award
- Communal sky gardens
- Managed reception services
Executive Summary
Vauxhall Sky Gardens is a 36 storey mixed-use building comprising 7 floors of offices and 239 residential apartments. Situated within walking distance of Vauxhall Underground (Victoria Line), with occupiers nearby including Sainsbury`s Superstore, Argos, Restaurants, Café`s and many more.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | Tenure | Long Leasehold |
| Cap Rate | 5.11% |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.11% |
| Tenure | Long Leasehold |
Description
Comprises self-contained office accommodation arranged over entire 5th floor of Vauxhall Sky Gardens, providing the following accommodation and dimensions:
Fifth Floor: 465 sq m (5,000 sq ft)
Reception, 5 open plan office suites, kitchen, men & ladies wc
Location:
Situated in the Nine Elms regeneration area, Vauxhall Sky Gardens benefits from proximity to various transport links, including Vauxhall Underground and mainline stations, as well as the Nine Elms station on the Northern Line extension. The area is undergoing significant redevelopment, featuring new homes, offices, restaurants, and cultural spaces. The property is situated within walking distance of Vauxhall Underground (Victoria Line), with occupiers nearby including Sainsbury`s Superstore, Argos, Restaurants, Café`s and many more.
Fifth Floor: 465 sq m (5,000 sq ft)
Reception, 5 open plan office suites, kitchen, men & ladies wc
Location:
Situated in the Nine Elms regeneration area, Vauxhall Sky Gardens benefits from proximity to various transport links, including Vauxhall Underground and mainline stations, as well as the Nine Elms station on the Northern Line extension. The area is undergoing significant redevelopment, featuring new homes, offices, restaurants, and cultural spaces. The property is situated within walking distance of Vauxhall Underground (Victoria Line), with occupiers nearby including Sainsbury`s Superstore, Argos, Restaurants, Café`s and many more.
Sale Notes
Investment Consideration:
Purchase Price: £2,250,000
Vacant possession
ERV: £115,000 p.a. GIY: 5.11%
VAT is applicable to this property
Comprises office accommodation arranged over entire 5th floor
Communal sky gardens on the 8th and 34th floors, providing serene spaces for relaxation and informal meetings
Managed reception services to welcome clients and visitors
Vauxhall Sky Gardens is a 36 storey mixed-use building comprising 7 floors of offices and 239 residential apartments
Winner of 2014 'Best Housing Project' award at the Sunday Times British Homes Awards
Situated within walking distance of Vauxhall Underground (Victoria Line), with occupiers nearby including Sainsbury`s Superstore, Argos, Restaurants, Café`s and many more.
Tenure:
Leasehold. Held on a 999 Year lease from 2017 at a ground rent of peppercorn.
Purchase Price: £2,250,000
Vacant possession
ERV: £115,000 p.a. GIY: 5.11%
VAT is applicable to this property
Comprises office accommodation arranged over entire 5th floor
Communal sky gardens on the 8th and 34th floors, providing serene spaces for relaxation and informal meetings
Managed reception services to welcome clients and visitors
Vauxhall Sky Gardens is a 36 storey mixed-use building comprising 7 floors of offices and 239 residential apartments
Winner of 2014 'Best Housing Project' award at the Sunday Times British Homes Awards
Situated within walking distance of Vauxhall Underground (Victoria Line), with occupiers nearby including Sainsbury`s Superstore, Argos, Restaurants, Café`s and many more.
Tenure:
Leasehold. Held on a 999 Year lease from 2017 at a ground rent of peppercorn.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 5th | 5,000 SF | Office | $3,027,856 ($605.57/SF) | $154,723.46 |
Unit 5th
| Unit Size |
| 5,000 SF |
| Condo Use |
| Office |
| Price |
| $3,027,856 ($605.57/SF) |
| NOI |
| $154,723.46 |
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Unit 5th
| Unit Size | 5,000 SF |
| Condo Use | Office |
| Price | $3,027,856 ($605.57/SF) |
| NOI | $154,723.46 |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.11% |
| Tenure | Long Leasehold |
| Description | |
| Comprises self-contained office accommodation arranged over entire 5th floor of Vauxhall Sky Gardens, providing the following accommodation and dimensions:<br> Fifth Floor: 465 sq m (5,000 sq ft)<br> Reception, 5 open plan office suites, kitchen, men & ladies wc <br> <br> Location:<br> Situated in the Nine Elms regeneration area, Vauxhall Sky Gardens benefits from proximity to various transport links, including Vauxhall Underground and mainline stations, as well as the Nine Elms station on the Northern Line extension. The area is undergoing significant redevelopment, featuring new homes, offices, restaurants, and cultural spaces. The property is situated within walking distance of Vauxhall Underground (Victoria Line), with occupiers nearby including Sainsbury`s Superstore, Argos, Restaurants, Café`s and many more.</li></ul> | |
| Sale Notes | |
| Investment Consideration:<br> <br> Purchase Price: £2,250,000<br> Vacant possession <br> ERV: £115,000 p.a. GIY: 5.11%<br> VAT is applicable to this property<br> Comprises office accommodation arranged over entire 5th floor<br> Communal sky gardens on the 8th and 34th floors, providing serene spaces for relaxation and informal meetings<br> Managed reception services to welcome clients and visitors<br> Vauxhall Sky Gardens is a 36 storey mixed-use building comprising 7 floors of offices and 239 residential apartments<br> Winner of 2014 'Best Housing Project' award at the Sunday Times British Homes Awards<br> Situated within walking distance of Vauxhall Underground (Victoria Line), with occupiers nearby including Sainsbury`s Superstore, Argos, Restaurants, Café`s and many more.<br> <br> Tenure:<br> Leasehold. Held on a 999 Year lease from 2017 at a ground rent of peppercorn.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 1,393,524 SF | Typical Floor Size | 12,925 SF |
| Property Type | Multifamily (Condo) | Year Built | 2017 |
| Property Subtype | Apartment | Lot Size | 31.99 AC |
| Building Class | B | Parking Ratio | 0.38/1,000 SF |
| Floors | 36 |
| Total Building Size | 1,393,524 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 36 |
| Typical Floor Size | 12,925 SF |
| Year Built | 2017 |
| Lot Size | 31.99 AC |
| Parking Ratio | 0.38/1,000 SF |
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153 Wandsworth Rd - Sky Gardens
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