Mortlake Business Centre, Mortlake
Location: Mortlake, London
Sector: Serviced Offices / Retail / Residential
The property is a mixed use building. There is 18,000 sq. ft of serviced office accommodation on first, second and third floors.
There are 3 shops on the ground floor and underground car parking providing 6 spaces along with 31 residential units which have been sold off on long leases.
When the building was acquired the net total income of the building was £250,000 pa. Through careful cost control, relocating tenants and finding new occupiers the net income has increased to circa £460,000 pa.
Valuation: £5.9m
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