Investment project to redevelop office premises into residential apartments in south-west London

Additional information is provided after the signing of an NDA

Investment project to redevelop office premises into residential apartments in south-west London

5,000,000 £
4,541 £ /m²
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Total area: 1,101 m²
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Features
  • Built in 1970
  • 3-floor building
  • Redevelopment

It is a project for the restructuring of offices into apartments.

Description

Three-storey commercial building with total area of 1,101 m² were constructed in early 1970s.

The ground floor is occupied by three commercial premises, the first and second floors are reserved for offices.

Retail spaces are fully leased out, while the office premises are vacant.

Tenure Freehold.

Redevelopment

According to the project all office space will be converted into ten apartments, two of which are two-bedroom and eight are one-bedroom. The project also provides add-on of another floor with two two-bedroom penthouses and some minor changes to the façade.

All the necessary permissions are granted.

Tenants

The tenants of commercial premises are Cancer Research UK and Costa Coffee.

The annual turnover of Costa Coffee exceeds £ 2,5 billion, while net profit in 2015 amounts to almost £ 464 million.

The total funds of Cancer Research UK amount to £ 337 million.

Statistics in London

Price per m², £
13,482
Healthcare efficiency level
68
Crime rate
52
Real estate Price, £
Apartment in the city centre, m² 13,482.34
Apartment in a bedroom community, m² 7,006.02
Transport Price, £
Public transport, 1 ride 2.48
Monthly travel card 140.63
Taxi, 1 km 2.97
Petrol, 1 l 1.29
Food Price, £
Water, 1.5 l 0.96
Milk, 1 l 0.9
White bread, 500 g 1.08
Eggs, a dozen 2.09
Chicken fillet, 1 kg 6.54
Education Price, £
Kindergarten, per month 1,246.66
International school, per year 16,648.99
Health care index
Staff competence 66.52
Medical equipment 82.08
Research accuracy and completeness 66.63
Attitude towards patients 69.82
Security index
Crime rate 61.55
The risk of being robbed 53.81
The risk of car theft 49.6
The risk of break-in and property damage 57.77

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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Svetlana Larionova
Svetlana Larionova
Real Estate Expert Tranio in London
+44 17 4822 0039
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