A refurbishment opportunity in London’s Southbank has been put on the market for £30m by Savills.
The 44,104 sq ft property is adjacent to Waterloo station and currently generates £1,028,500 rental income a year.
Simon Ewart Perks, director in the Central London team at Savills, said: “This is a rare opportunity to purchase a freehold, refurbishment opportunity on Lower Marsh, a vibrant, mixed use street in the heart of Southbank.
“The impressive and generous original design provides a unique opportunity for an incoming purchaser to reposition the property to attract premium rents from a range of future occupiers, including those from the creative sector.”
Vacant possession of the property can be achieved in September 2017.
The building is spread out over basement, ground and four upper floors, and is currently used for office, healthcare, retail and ancillary purposes.
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