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Westbury House 23-25 Bridge St

8,167 SF 31% Leased Office Building Pinner HA5 3HR $4,752,852 ($582/SF)

Investment Highlights

  • The building comprises of 8,028 sqft situated on a site area of 4,839 sqft
  • Currently income producing £116,200.00 per annum with potential uplift to £285,300.00 once fully occupied
  • Lapsed planning consent for 6 flats on the first, second and third floors (P/3224)
  • Made up of 2x retail units on the ground floor, 3 floors of offices and car park to the rear
  • Scope to add additional floors to the existing building and develop across the car park to the rear (STPP)
  • 0.2 miles from Pinner Underground Station providing links into Central London in 30 minutes

Executive Summary

The building has operated successfully as a serviced office building since 2002, offering a reliable and professional environment for various businesses. The building benefits from a versatile layout, which includes large open-plan office suites ideal for larger teams or collaborative work environments. Additionally, it features smaller office suites designed to accommodate individual professionals or smaller companies. On the ground floor, there are also two retail units. The building has various modern facilities to ensure comfort and efficiency. These include a comfort cooling air-conditioning system and a passenger lift for easy access to all floors. The building also benefits from an entry phone system to all floors, allowing controlled access for visitors. Furthermore, each floor is furnished with kitchen and toilet facilities.

Property Facts

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
8,167 SF
Building Class
C
Year Built
1980
Price
$4,752,852
Price Per SF
$582
Percent Leased
31%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
1,917 SF
Parking
1 Space (0.12 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Bio-Tech/ Lab Space
  • Raised Floor
  • Security System
  • Air Conditioning
  • Listing ID: 32981480

  • Date on Market: 8/28/2024

  • Last Updated:

  • Address: 23-25 Bridge St, Pinner HA5 3HR

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