VIRTUAL FREEHOLD FOR SALE IN LANDMARK DEVELOPMENT BY THE RIVER

ADJACENT TO UNDERGROUND STATION &

20A ST GEORGE WHARF, SW8 2LE

1,924 SQ FT (178.75 SQ M) TOTAL GROSS INTERNAL FLOOR AREA (GIA)

CLASS E PLANNING – MAY SUIT: OFFICE/RETAIL/RESTAURANT/LEISURE/FITNESS/MEDICAL/CRECHE

www.bostongilmore.com Number: 020 7603 1616

LOCATION

St George Wharf is a landmark development in Central London adjacent to Vauxhall Bridge. The scheme has excellent communications being adjacent to Vauxhall Underground (Victoria Line) & National Rail Stations. The redeveloped Vauxhall Bus Station opposite St George Wharf offers many bus routes covering Central London & beyond. TFL River Bus services have a stop serving the scheme at St George Wharf Pier.

Directly to the east lies Albert Embankment and Waterloo. The enormous Nine Elms regeneration area lies directly to the west, comprising 481 acres of residential led development being 4 times the size of Canary Wharf and home to the new American Embassy.

Westminster, Pimlico & Victoria lie directly across the river over Vauxhall Bridge.

DESCRIPTION

St George Wharf is a luxury riverside development of 7 acres comprising one million square feet of residential and commercial space. The scheme features the famous St George Wharf Tower, which at 181 metres tall with 50 storeys’ is the eighth-tallest building in London and the tallest residential building in the UK. Striking gull- wing roofs complement the development’s landmark status.

St George Wharf offers generous landscaping and has a wide frontage to the river, with The Thames Path walk a key amenity.

Unit 20A is situated in the central courtyard of the scheme, arranged over ground & first floors. There is generous frontage to the ground floor providing an attractive aspect, with garden views at the rear from the first floor offices/kitchen.

BBVA bank were the former occupiers of Unit 20A and have carried out a high-quality fitout including air- conditioning, as befitting their international status.

www.bostongilmore.com Number: 020 7603 1616

20A ST GEORGE WHARF, LONDON SW8 2LE

FLOOR AREAS

Ground Floor: 1457 sq ft (135.36 sq m) Gross Internal (GIA).

First Floor: 467 sq ft (43.39 sq m) Gross Internal (GIA).

Total Floor Area: 1924 sq ft (178.75 sq m) Gross Internal (GIA).

PLANNING

The unit falls into the new E Use Planning Class and the 999 year lease provisions have been extended to allow E Class uses.

For the sake of clarity the new planning E Class use definition is shown in it’s entirety below:

Class E. Commercial, Business and Service

Use, or part use, for all or any of the following purposes—

(a) for the display or retail sale of goods, other than hot food, principally to visiting members of the public,

(b) for the sale of food and drink principally to visiting members of the public where consumption of that food and drink is mostly undertaken on the premises,

(c) for the provision of the following kinds of services principally to visiting members of the public—

(i) financial services,

(ii) professional services (other than health or medical services), or

(iii) any other services which it is appropriate to provide in a commercial, business or service locality,

(d) for indoor sport, recreation or fitness, not involving motorised vehicles or firearms, principally to visiting members of the public,

(e) for the provision of medical or health services, principally to visiting members of the public, except the use of premises attached to the residence of the consultant or practitioner,

(f) for a creche, day nursery or day centre, not including a residential use, principally to visiting members of the public,

(g) for—

(i) an office to carry out any operational or administrative functions,

(ii) the research and development of products or processes, or

(iii) any industrial process, being a use, which can be carried out in any residential area without detriment to the amenity of that area by reason of noise, vibration, smell, fumes, smoke, soot, ash, dust or grit.

NB. There are specific prohibitions in the 999 year lease preventing use as estate agents, supermarket/convenience store and bookmakers.

St. George Wharf

20A ST GEORGE WHARF, LONDON SW8 2LE 1,924 SQ FT (178.75 SQ M) TOTAL GROSS INTERNAL FLOOR AREA (GIA)

Tenure

The property is held virtual freehold on a 999 year lease from December 1999 at a peppercorn rent of £50 per annum fixed throughout the term.

Price

Offers in the region of £895,000 plus VAT.

Business Rates 2020/21

Rateable Value: £30,958

Rates Payable: £15,448

NB. The rates payable figure above is estimated and interested parties should make their own enquiries. There may also be Covid 19 rates relief for certain businesses.

20A ST GEORGE WHARF, LONDON SW8 2LE 1,924 SQ FT (178.75 SQ M) TOTAL GROSS INTERNAL FLOOR AREA Legal Costs (GIA) Each party to bear their own.

EPC

B

Viewing

For further information or an appointment to view please contact the joint sole agents:

Boston Gilmore LLP

Contact Jack Lipinski, Henry Lipinski, or Adam Bressloff www.bostongilmore.com - Number: 020 7603 1616

Peridot Consultancies

Bharat Mehta

Number 07941 601 173

Boston Gilmore LLP - 4 Beaconsfield Terrace Road London W14 0PP – www.bostongilmore.com

Misrepresentation Act 1967: Boston Gilmore LLP for themselves and for the vendor(s) or lessor(s) of this property whose agents they are, give notice that: 1. These particulars do not constitute, nor constitute any part of, an offer or contract. 2. None of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact. 3. Any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor(s) or lessor(s) do not make or give Boston Gilmore LLP, nor any person in their employment any authority to make or give, any representation or warranty whatever in relation to this property. 5. Computer Generated Images are for indicative purposes only and do not necessarily represent the finished design specification. Finance Act 1989: Unless otherwise stated all prices and rents are quote exclusive of VAT. Property Misdescriptions Act 1991: These details are believed to be correct at the time of compilation but may be subject to subsequent amendment. FEB 2021.