141/142 Lower Marsh Waterloo London Se1 7Ae Don- Se1
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LON - 141/142 LOWER MARSH WATERLOO LONDON SE1 7AE DON- SE1 RARE FREEHOLD REFURBISHMENT/ DEVELOPMENT OPPORTUNITY - - 141/142 LOWER MARSH 141/142 LOWER MARSH WATERLOO WATERLOO LONDON SE1 7AE LONDON SE1 7AE - - – CAPITAL VALUE OF £510 PSF REPRESENTS EXCELLENT VALUE INVESTMENT CONSIDERATIONS AT THIS LOCATION LON – Rare Southbank refurbishment opportunity situated at the heart of one of Central London’s most popular cultural hubs - Situated on a prime pitch adjacent to Waterloo Station, London’s busiest rail terminus - Fully let providing a current rent of £75,136 per annum equating to a low £17.50 psf - Prime office rents in the Southbank are currently DONin excess of £60 psf - We believe the rents are highly reversionary - Total flexibility for a purchaser since vacant possession can be achieved within 4 months - SE1Planning permission obtained for two additional floors of residential accommodation - The property extends to a GIA of approximately 455.1 sq m (4,899 sq ft) extending to approximately 576.5 sq m (6,205 sq ft) if the planning permission was implemented - Offers are sought in excess of£2,500,000 (Two Million Five Hundred Thousand Pounds) subject to contract and exclusive of VAT. This represents a low capital value of £510 psf (based on the GIA) and £403 psf if the planning permission was implemented. RARE FREEHOLD REFURBISHMENT/ DEVELOPMENT OPPORTUNITY - - 141/142 LOWER MARSH 141/142 LOWER MARSH 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 - SUBJECT PROPERTY - - - 141/142 LOWER MARSH 141/142 LOWER MARSH 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 LOCATION 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 Lower Marsh is located in the heart of the LCR, the Department for Transport and of Justice le CathedtalCathedral Museum F S r o B t s r F s i l d e e R t St Southbank, London’s leading cultural hub and Network Rail are bringing the former Eurostar g d h e c y S w t Bank d l K home to some of the capital’s most famous terminal back to use after almost a decade 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 venues including the National Theatre, The of redundancy. Planning consent has been 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 London Eye, The Tate Modern and the Old granted for 135,000 sq ft of new independent, t t o Mansion a r s London Street s House G R Blackfriars d Uppe Vic. The Southbank is undergoing significant high street and food and beverage stores. The r Th am Victoria Emban K kment es S Cannon i t n City of London Q Street Leicester g Temple s u School t Square e w regeneration with major schemes at the Shell restoration will include improved links to Leake S a e Millenium Bridge Bridge Millenium Millenium y n B m S la a i t Monument U l c p l Centre, Elizabeth House and Waterloo Station Street and Lower Marsh. P p i d k e l r n f T a h W t ri a C tr n me e s S a S t h g a m r n k S r i set to further improve the area. in n s L a o ow g K B er b T The Station is the capital’s hub for the South 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 rl Charing c Lower Marsh acts as a local high street West train network which serves outer i R H V B Bridge Old Billingsgate d Cross T r Oxo i d Market populated by national and independent retailers suburban and regional services in the counties 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 and it hosts a street market every Saturday of Surrey, Hampshire and Dorset. Waterloo is 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 extending the location’s appeal as a leisure also served by the Jubilee, Bakerloo, Northern e g ord St n f Stam i Royal National K Golden Hind d destination for tourists, students and the wider and Waterloo and City Underground Lines. In Theatre un ro W G r e HMS Belfast a pp U t S B o t e u l t S London population. addition, Lambeth North Underground Station 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 (Bakerloo Line) is also located within 150m of o a h a Festival Hall f Borough r b m a Lower Marsh is situated adjacent to London s a r W t S k m S R o Market London ut E B d hw Horse Guards ar k r Bridge Lower Marsh. a S i t i London Waterloo Station, London’s busiest transport r d Parade S o g Bridge London t t a e So u i t ic h n wark IMAX R St V e d r interchange. 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 SUBJECT g House of d h B e g i PROPERTY R H Commons d h g -W u es ro tm o inste B sh r a r Bridge R r M pe p U d - - 141/142 LOWER MARSH 141/142 LOWER MARSH WATERLOO WATERLOO LONDON SE1 7AE LONDON SE1 7AE - - – LOWER MARSH IS A HISTORIC MARKET STREEET IN TRANSITION 66 ROOM LON– HOTEL SCHEME 50 ROOM DONHOTEL SCHEME SE1 LOWER MARSH – A CHANGING LANDSCAPE Lower Marsh has been undergoing significant change helped by both public and private projects.