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141–142 Lower Marsh Street Waterloo London Se1 7Ae

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141–142 Lower Marsh Street Waterloo London Se1 7Ae 141–142 LOWER MARSH STREET WATERLOO LONDON SE1 7AE RARE MIXED-USE CENTRAL LONDON FREEHOLD OPPORTUNITY WITH ASSET MANAGEMENT POTENTIAL 141–142 LOWER MARSH STREET 141–142 LOWER MARSH STREET WATERLOO WATERLOO LONDON SE1 7AE LONDON SE1 7AE INVESTMENT CONSIDERATIONS CAPITAL VALUE • Lower Marsh is a Market Street situated in the heart of OF £611 PSF London’s Southbank, a creative and vibrant cultural hub REPRESENTS adjacent to Waterloo Station EXCELLENT VALUE • The Southbank is home to London’s most famous venues AT THIS LOCATION including the National Theatre, The London Eye, The Tate Modern and the Old Vic • The area has undergone significant improvements in recent years with public realm works which have improved accessibility and led to an influx of coffee shops and restaurants • The building is arranged as a basement and ground floor café, office suites to the 1st – 3rd floor and two newly constructed fully furnished 3 bedroom flats to 4th – 5th floor • The property extends to 6,550 sq ft GIA • The office suites, front basement and the residential apartments are to be offered with vacant possession. The ground and rear basement café is let to Barbarellas Café at a passing rent of £30,000 p.a. • Estimated rental value of £230,198 p.a. • Asset management potential to add value by re-letting the café to an established operator on a higher rent, re- let the office suites and letting the newly built furnished apartments • Development potential over the 1st, 2nd & 3rd floor office suites subject to obtaining necessary consents • Freehold PROPOSAL Offers are sought in excess of£4,000,000 (Four Million Pounds) subject to contract and exclusive of VAT. This represents a low capital value of £611 psf GIA overall. This breaks down to £2,750,000 on the commercial element and £1,250,000 on the residential accommodation. DATAROOM For access to the Allsop Data Room please use the following link: https://datarooms.allsop.co.uk/register/LowerMarsh 141–142 LOWER MARSH STREET 141–142 LOWER MARSH STREET WATERLOO WATERLOO LONDON SE1 7AE LONDON SE1 7AE Waterloo London Eye The Shell Westminster Waterloo Station The City The Old Vic The Shard Lambeth Lambeth Palace Bridge Centre Bridge North Gardens 141–142 LOWER MARSH STREET 141–142 LOWER MARSH STREET WATERLOO WATERLOO LONDON SE1 7AE LONDON SE1 7AE G F S G o o a w u r r t a r e h y i d n r h R ’ g S a ’s s ld t m a I d b n p o o he n d Gray’s n t T o R R n S d y Inn Fields t R A t o i l Barbican C w d Barbican e B r Farringdon e s d g f o a t r d e Barbican S S q u t a British r e Museum Moorgate ay Smithfield W y B r u lo sb T orn o o m Holb High t m o igh Hol t o H born e s Bl Moorgate n b H olb h u o a rn r V m t ia London Chancery d Wall S u C c Liverpool t n t o Lane Lo L nd u on Liverpool Street n r Wa r r d ll t o e S Street Holborn n R lb t h t a d o o r e H e G h F L g F i n e M w H a Lincoln’s t L K e r o Wo S r r m i N s w o ’ o n Inn Fields i od n r S g d n t i r g g N s e t a . Gil w d wg r Guildhall a St e t a a o s w a te e n S H y d t M i Tottenham The Old t E . gh St S t S t Court Road S S Bailey d n t a . L o B r r r B e i d l e d t O v t e e t A e a y F e Paternoster g r r s u c p C b A City Square St. Paul’s o s h g P h e s a t n r i Thameslink C r f h i o ea n B i a L ps n N h ide c Royal Courts Bank of England g Rail St. Paul’s e S e ’ t S w s C et of Justice le CathedtalCathedral Museum F S r o B t s r F s i l d e e R t St g d h e c y S w t Bank d l K A Bank i n t C e Covent g e r S v c A h A W Garden d h y a g n r c u r n a i o Covent r l r b i L t Qu l s n een i u e S Victor a t g ia St C h af Garden Blackfriars a m h nn c S C on e Cannon S S r King’s College c t t o Mansion a r s London Street s House G R Blackfriars d Upp er T ham Victoria Emban K kment es S Cannon i t n City of London Q Street Leicester g Temple s u School t Square w e S a e Millenium Bridge Bridge Millenium Millenium y n B m S l a a i t Monument U l c p l P p i d k e l r n f T a h W t r a C tr n me i e s S a S t h g a m r n k S r i in n s L a o ow g K B er b T u h a m m S r e C E t s E S i t h r M d a o i w r g A s o a e London s t r Charing c i l R H V B Bridge Old Billingsgate d Cross T r Oxo i d Market W g Cleopatra’s Tower e a t t e Upper Ground Shakespeare’s S Trafalgar Needle r l Tate o Globe m Square o und a o Modern i Co Charing B r l cks G l pu r r i r S Cross i National e t Embankment d pp g W Film Theatre U e g ord St n f Stam i Royal National K Golden Hind d Theatre un ro W G r e HMS Belfast a pp U t S B o t e u l t S l n r h a l l w e o a o c a r D o k u uk k h e m St St Royal t t f H e k R S h il r l t d i n d i r w o a h a Festival Hall f Borough r b m a s a r W t S k m S R o Market London ut E B d hw Horse Guards ar k r Bridge a S i t i London r d Parade S o g Bridge London t t a e S c o u i t i h n wark IMAX R St V e d r T o S o t le y t S Waterloo S t B l d h l W e R g a i a r m h k t H Guy’s r e Jubilee e o t o h r i Y l Southwark Waterloo o g Hospital n St. James h Gardens o u d East o s W London Eye R r e Park Waterloo d B o S y t B . l T a King’s College h S t o c m t n k a e M London s f S r a t m t i a r k S s r n h s t d a a R n R l b s e London k Old Vic d e r m a m o E Aquarium a R Y i d l a i S r r a o o u P t t c h h d W i s r a w Westminster V a a M o t a e r Lo R ng r k r Ln Bridg e l Borough e S s t o B Westmins i ter Bridge Rd w l o o r y i L R d t a S g House of d h B e g i R H Commons d h g W u es ro tm o h in B s s r te LOCATION a r M B r ri pe d p ge U R d Lower Marsh is a Market Street situated in the heart In recent years, The Southbank has undergone of London’s Southbank, a creative and vibrant significant improvements with the refurbishment neighbourhood adjacent to Waterloo Station, London’s of Waterloo Station which completed in May 2019 busiest transport interchange. The Station is the which included rebuilding the former Waterloo capital’s hub for the South West Trains network International terminal, reconfiguring platforms 20 to which serves outer suburban and regional locations/ 24, and extending platforms 1 to 4 to allow longer, destinations in the counties of Surrey, Hampshire and ten-car trains to run to London suburban stations thus Dorset.
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