9 Lyon Rd
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9 Lyon Rd
3,661 SF 100% Leased Light Industrial Building London SW19 2RL £225,000 (£61/SF)
Investment Highlights
- Established industrial estate
- A detached, 1950’s style industrial unit
- Walking distance of South Wimbledon and Colliers Wood Underground stations
Executive Summary
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 31/01/2031 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.
Property Facts
Price | £225,000 | Building Class | B |
Price Per SF | £61 | Rentable Building Area | 3,661 SF |
Sale Type | Investment | Number of Floors | 2 |
Tenure | Long Leasehold | Year Built/Renovated | 1957/2009 |
Property Type | Light Industrial | Parking Ratio | 2.19/1,000 SF |
Property Subtype | Light Manufacturing |
Price | £225,000 |
Price Per SF | £61 |
Sale Type | Investment |
Tenure | Long Leasehold |
Property Type | Light Industrial |
Property Subtype | Light Manufacturing |
Building Class | B |
Rentable Building Area | 3,661 SF |
Number of Floors | 2 |
Year Built/Renovated | 1957/2009 |
Parking Ratio | 2.19/1,000 SF |
Amenities
- Security System
- Yard
- Storage Space
Utilities
- Heating
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Falcon Works Ltd
- Rental and Leasing Services
- 3,661 SF
- £11.75
- Feb 2031
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
Falcon Works Ltd | Rental and Leasing Services | 3,661 SF | £11.75 | Feb 2031 |
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9 Lyon Rd
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