**Standout Features:**
- Expansive 5,000 sq ft office space on the entire 5th floor.
- Expected rental value (ERV) of £115,000 p.a. with a gross initial yield (GIY) of 5.11%.
- Modern office with managed reception services and five open-plan office suites.
- Access to communal sky gardens on the 8th and 34th floors for relaxation and informal meetings.
- Located in the prestigious Vauxhall Sky Gardens, recognized as 'Best Housing Project' at the 2014 Sunday Times British Homes Awards.
- Leasehold tenure with 998 years remaining and a peppercorn ground rent.
**Key Details and Potential:**
Situated in the heart of the Nine Elms regeneration area, this large office situated in the impressive Vauxhall Sky Gardens offers immense potential for a savvy investor or business owner looking for a prime city location. The property boasts modern amenities, including fast broadband and excellent mobile signal, and is conveniently located within a short walk from Vauxhall Underground. Nearby amenities include supermarkets, restaurants, and cafés, enhancing the area's cosmopolitan appeal.
While the vibrant local setting offers an array of professional opportunities, it is essential to note that the surrounding area faces challenges related to deprivation. Buyers seeking space for business or investment should consider the area’s ongoing redevelopment, which is set to enhance property values in the future. This is a unique opportunity to secure a significant office space in a prestigious building, perfect for those looking to establish a foothold in a rapidly evolving neighborhood. Act quickly, as opportunities of this scale in hot markets like Vauxhall are limited and may not last long.
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