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Wandsworth High St - Wandsworth Exchange 4,358 SF Retail Condo Unit Offered at $3,110,944 CAD in London SW18 4PS
Executive Summary
A masonry constructed three-storey property with retail accommodation on the ground floor and residential accommodation on the upper floors. The premises are located in the heart of Wandsworth on Wandsworth High Street close to Wandsworth Town Stations and benefiting from an extremely prominent frontage onto the South Circular (A3). In addition to high vehicular and pedestrian footfall, there are a number of restaurant, leisure and retail operators locally, including those in Southside Shopping Centre and the Ram Quarter mixed-use development, which are located a short walk away.
1 Unit Available
Unit D
| Unit Size | 4,358 SF | Sale Type | Investment |
| Price | $3,110,944 CAD | Tenure | Long Leasehold |
| Price Per SF | $713.85 CAD | Cap Rate | 8.00% |
| Condo Use | Retail | NOI | $248,875.55 CAD |
| Unit Size | 4,358 SF |
| Price | $3,110,944 CAD |
| Price Per SF | $713.85 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| Tenure | Long Leasehold |
| Cap Rate | 8.00% |
| NOI | $248,875.55 CAD |
Description
The property comprises the ground floor of Block D, at the Wandsworth Exchange development. The property is let to SPJ Climbing Two Limited t/a Clip ‘n Climb for a term of 15 years from 17th November 2023 expiring 16th November 2038 at a rental of £142,500 per annum. The lease is subject to five yearly CPI linked rent reviews with a collar and cap at 1% - 4%. There is a tenant break option on the 10th anniversary of the term.
Sale Notes
Block D forms part of the recently completed Wandsworth Exchange, a £70 million mixed-use regeneration scheme delivered in 2021, positioned in a highly prominent location on the southern side of the South Circular Road (A3). The property comprises a modern 4,358 sq ft ground-floor leisure unit set beneath a large residential development of over 200 homes, benefitting from strong visibility, high footfall and immediate proximity to Wandsworth’s key retail and transport amenities. The wider area is one of South West London’s most affluent and well-connected urban centres, supported by excellent road links, fast rail services from Wandsworth Town Station, and the vibrancy of nearby Southside Shopping Centre, which attracts over 7.8 million visitors annually. The unit is currently configured for leisure use and occupies a strategic position within a thriving residential and commercial neighbourhood.
Property Facts Sale Pending
| Total Building Size | 4,358 SF | Typical Floor Size | 4,358 SF |
| Property Type | Retail (Condo) | Year Built | 2021 |
| Property Subtype | Storefront Retail/Residential | Tenancy | Single |
| Floors | 3 |
| Total Building Size | 4,358 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Floors | 3 |
| Typical Floor Size | 4,358 SF |
| Year Built | 2021 |
| Tenancy | Single |
Nearby Major Retailers
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Wandsworth High St - Wandsworth Exchange
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