9 Lyon Rd
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9 Lyon Rd
3,661 SF 100% Leased Flex Building London SW19 2RL $287,558 ($79/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 | $287,558 | Building Class | B |
Price Per SF | $79 | Rentable Building Area | 3,661 SF |
Sale Type | Investment | No. Stories | 2 |
Tenure | Long Leasehold | Year Built/Renovated | 1957/2009 |
Property Type | Flex | Parking Ratio | 2.19/1,000 SF |
Property Subtype | Light Manufacturing |
Price | $287,558 |
Price Per SF | $79 |
Sale Type | Investment |
Tenure | Long Leasehold |
Property Type | Flex |
Property Subtype | Light Manufacturing |
Building Class | B |
Rentable Building Area | 3,661 SF |
No. Stories | 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
- $15.02
- Feb 2031
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
Falcon Works Ltd | Rental and Leasing Services | 3,661 SF | $15.02 | Feb 2031 |
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9 Lyon Rd
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