Shakespeare House 168 Lavender Hill, Battersea London Sw11
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SHAKESPEARE HOUSE 168 LAVENDER HILL, BATTERSEA LONDON SW11 PRIME LONDON MIXED USE BUILDING WITH DEVELOPMENT POTENTIAL NEAR CLAPHAM JUNCTION SHAKESPEARE HOUSE 168 LAVENDER HILL, BATTERSEA LONDON SW11 5TG INVESTMENT CONSIDERATIONS Attractive prime asset located on Lavender Hill in the very heart of the affluent London district of Battersea • Highly accessible with Clapham Junction Overground Station less than 500m west of the property • Arranged over 5 storeys with retail on the ground floor and self-contained offices above • Existing building extends to approximately 12,631 sq ft (1,173.5 sq m) • Let in its entirety to Foxtons Ltd until September 2021, providing a clear opportunity for asset management and development in the short-term • Current rent passing £365,000 pa • Potential to convert and extend the existing building (Subject to Planning) • Freehold PROPOSAL We are instructed to seek offers in excess of £8,000,000 (Eight Million Pounds) subject to contract and exclusive of VAT. A purchase at this level reflects a low capital of £633 psf and a Net Initial Yield of 4.28%, after allowing for purchaser’s costs of 6.67% SHAKESPEARE HOUSE SHAKESPEARE HOUSE 168 LAVENDER HILL, BATTERSEA 168 LAVENDER HILL, BATTERSEA LONDON SW11 5TG LONDON SW11 5TG BATTERSEA PARK BATTERSEA POWER STATION WESTMINSTER CITY OF LONDON BATTERSEA CANARY WHARF (0.8 miles) (1.7 miles) (3.6 miles) (5.1 miles) ARTS CENTRE (8 miles) BRIXTON (0.4 miles) CLAPHAM COMMON LAVENDER HILL ROAD CLAPHAM JUNCTION (0.3 miles) Outline for indicative purposes only. 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