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Wimbledon

Beacon House, 26-28 Worple Road, SW19 4EE

Status: Sold

Date: 01 November, 2017

Type: Offices

Beacon House, Wimbledon

In Q3 2017 Joiner Cummings acted for BMO Global Asset Management on the sale of Beacon House, Wimbledon.

  • Wimbledon is an affluent residential area and major office centre in South West London with excellent multimodal transport connections to Central London.
  • Located in the heart of Wimbledon only 300 metres (3 minute walk) from Wimbledon station and The Broadway.
  • Highly prominent corner position, being situated at the junction of Worple Road and Francis Grove.
  • Beacon House comprises a 12,666 sq ft NIA (15,465 sq ft GIA) freehold o ce building over ground and three upper floors benefitting from basement car parking.
  • Potential to agree a surrender of ground and part first  floor (4,646 sq ft) subject to separate negotiation to achieve full vacant possession.
  • Excellent potential for residential conversion, office refurbishment or complete redevelopment for an office or residential scheme.
  • Prior approval granted for a change of use to residential for a 17 unit and 12 unit scheme.
  • Beacon House is located immediately outside the Article 4 Direction which covers most of Wimbledon centre.
  • Wimbledon residential capital values are up to £1,500 per sq ft.
  • Prime office rents in Wimbledon £54.00 per sq ft with highly restricted supply.