Unique Investment Opportunity in Battersea Retail Unit with Rear Showroom/Warehouse Let to Domus on a Lease Expiring 31/07/2028 and Paying £98,000 pa
The property comprises a unique investment opportunity let to an established local business in the heart of Battersea. Arranged as a ground floor retail unit with a large rear showroom, the property is let to Domus Tiles Limited on a lease expiring 31/07/2028 and paying £98,000 per annum. Domus is the UKs leading consultant and supplier of tiles to both businesses and end-users, completing projects including Wembley Stadium, Heathrow terminals 2&5, Battersea Power Station and the new US Embassy in Nine Elms. The tenant has been in occupation 20+ years and we understand they would consider a renewal of the lease. The tenants have recently completed a comprehensive refurbishment within the last 10 months at an approximate net expenditure of £120,000, displaying their commitment to the location. The property is situated with a prominent frontage to Queenstown Road with the showroom spanning a large area to the rear of the retail and residential units on the street. The property may be suitable for a variety of alternative uses and development, subject to obtaining the requisite consents.