The subject property comprises a detached, 1950’s style industrial unit of brick elevations with two-storey offices to the front. To the ground floor there are offices, a male and female WC with a shower, kitchen and storage/warehouse accommodation. The first floor comprises further office accommodation together with a single WC and small kitchenette.
Head Lease held for a term of 63 years from 25/3/1968 expiring on the 24/3/2031. A current ground rent of £5,510 p.a is payable. The lease provides for 21-year rent reviews. No further reviews.
An FRI sub lease is held for a term of 12 yrs from the 01/02/2019 expiring on the 31/01/203 with 5 yearly upward rent reviews to Falcon Works Ltd. Current rent is £43,000 per annum exclusive. Sub lease Inside the L&T Act 1954 Part 2
24 High Street,
London SW19 5DX
Tel: +44 (0)20 8971 6780
Fax: +44 (0)20 8946 3683