Union Court, Clapham
Union Court, 20-22 union Road, Clapham
A South West London multi-let mixed use investment opportunity. Freehold property offering both office and light industrial accommodation totalling 67,710 sq ft. Large site area totalling 1.72 acres (0.70ha) with a strong underlying site value.
High occupancy rate of 97% (as at 28th January 2016).
Asset management opportunities including regearing leases on more institutional terms, letting vacant accommodation and refurbishment to increase the rents Potential conversion of the accommodation to residential via Permitted Development Rights.
Current passing rent of £1,193,694 per annum which equates to a low average rent of £17.82 psf based on the let areas.
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