+44 20 3608 1267

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

5,961,000 €
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Total area: 1,101 m²
  • 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.

Location

The property is situated in the center of Surbiton, just 12 miles south-west of central London.

There are many banks and brand stores in the immediate vicinity of the area.

The train station and subway station are located in the minute availability.

Surbiton has good road network, allowing fast access to London's major highways.

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
Free advice on real estate in London
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