No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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Milliners House Chelsea3.jpeg
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Price on application50,000 sq ft
Added > 14 days

Industrial development for sale

Freehold Investment, Milliner House,, Hortensia Road, London, SW10 0QB
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Industrial development
0 bed
0 bath
50,000 sq ft / 4,645 sq m

Property description & features

  • Tenure: Freehold
  • Private leases have been granted at 999 years and affordable leases on 125 year terms
  • Ground rent income totalling £14,050pax
  • Rent doubles every 25 years for the first 100 years, then fixes for a final double for the remainder of the term
  • Service charge currently totals £323,689 for year ending December 2024
  • We are guiding £250,000 for the freehold interest (5.6% gross yield)
Freehold ground rent investment with 68 car parking spaces for sale

Comprising 36 leasehold apartments (24 x private and 12 x affordable units)

Private leases have been granted at 999-years and affordable leases on 125-year terms

Ground rent income totalling £14,050pax

Rent doubles every 25-years for the first 100-years, then fixes for a final double for the remainder of the term

Service charge currently totals £323,689 for year ending December 2024

We are guiding £250,000 for the freehold interest (5.6% gross yield)

Freehold ground rent investment with 68 car parking spaces for sale

Comprising 36 leasehold apartments (24 x private and 12 x affordable units)

Private leases have been granted at 999-years and affordable leases on 125-year terms

Ground rent income totalling £14,050pax

Rent doubles every 25-years for the first 100-years, then fixes for a final double for the remainder of the term

Service charge currently totals £323,689 for year ending December 2024

We are guiding £250,000 for the freehold interest (5.6% gross yield)

Places of interest

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    Property reference 234341-1. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Henshall & Partners - London.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on December 16, 2021

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on December 21, 2021

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.