Welby House, 96 Wilton Road, Victoria, SW1

Freehold Building for Sale

Location: Prime Zone 1, just a 3-minute walk from Victoria Station.

Description: This entire freehold building is a fully let, income-producing asset arranged over lower ground, ground, and three upper floors. It is multi-let to four tenants, providing a well-diversified income of £295,201 per annum (blended £38.40 per sq. ft.). The asset boasts an Average Weighted Unexpired Lease Term (AWAULT) of approximately three years to expiry, ensuring a stable and highly reversionary income stream. The building offers strong asset management and development angles.

Size: The building measures 7,688 sq. ft. NIA / 9,851 sq. ft. GIA.

Energy Performance: EPC rating B, with nominal capital expenditure required in the short to medium term.

Development Potential: Located outside an Article 4 directive, there is potential to change the building usage and add additional massing, subject to planning permission (STPP).

Financials: Offers are invited in excess of £5,500,000 for the freehold interest, subject to contract. This reflects a net initial yield of 5.00% (assuming 6.8% purchaser’s costs) and a low capital value of £715 per sq. ft.

This prime property represents an excellent investment opportunity with significant upside potential.