Office

St George's House East, Wimbledon SW19

 

Price: £52,720,000 - Initial Yield:4.35%

Date: Q4 2018 

Acting on behalf of M&G Real Estate we advised on the purchase of this mixed use investment from Aberdeen Standard for £52.72m, reflecting a net initial yield of 4.35%.

The property comprises a freehold trophy office and retail investment located in the heart of Wimbledon. St George’s House East totals 65,291 sq ft and is arranged with five self-contained retail units on ground floor and offices on four upper floors.

Multi-let to 5 tenants producing £2,453,628 p.a with significant potential for growth. 40% of the retail income is let to Waitrose, Pret A Manger, Starbucks and Lloyds with a combined WAULT of 4.45 years term certain.

Contact

Jeff Ellis

Tel: 020 7493 3330
Mob: 07775 582 719
jellis@lewisellis.co.uk


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