Units 45/47/48 Discovery House, Battersea

Description

• Located in the vibrant suburb of Battersea, within the London Borough of Wandsworth.
• Battersea has an affluent population of approximately 109,000 with an average household income of c.£62,100 per annum, significantly higher than the national average.
• The property is situated in Battersea Reach, a Berkeley Homes development which completed in 2019 providing approximately 1,350 residential apartments and 391,300 sq ft of commercial floorspace.
• Modern, purpose-built CAT A and CAT B media style fit out that has recently undergone refurbishment.
• The property is let to Mindful Chef Ltd for a term of 10 years, expiring on the 11 January 2031 at a rental of £302,109 per annum.
• In 2025, Nestlé bought the majority stake in Mindful Chef Ltd.
• In their most recent profit and loss account, Mindful Chef posted a pre-tax profit of £10,889,025.
• The tenant recently extended their 22 January 2027 break option to 22 January 2029, showing their commitment to the location.
• 999-year long leasehold from 2 June 2005 expiring 26 May 3004 at a head rent of £50 per annum.

The property is available for purchase within a UK-based SPV, enabling a purchaser to benefit from stamp duty savings. Further information is available upon request.