May 2014 (London and Hereford) – Boultbee is pleased to announce the acquisition of 220 – 220A/B Queenstown Road for a total consideration of £4.5 million. The deal is comprised of two buildings totalling 14,471 sq. ft.
This office property is a former Victoria Brewery arranged over five floors and It is situated on the east side of Queenstown Road at the junction with Ingate Place and is adjacent to Queenstown Road mainline railway station, offering direct access to London Waterloo, Vauxhall and Clapham Junction. It is also only a short walk to Battersea Park railway station which gives direct access to Victoria station.
There is increasing demand for commercial investments in Battersea, an historic ward just south of the River Thames as the cost of property in the City Fringe and West End continues to rise.
Battersea oozes contemporary living style, balancing the functionality and charm of low-rise period houses and newer apartment blocks with a buzzing social life in a diverse array of cafes and restaurants.
“These properties are well located, in an area that will see significant growth in both office and residential demand over the next three to five years. This is due to multiple high end developments reaching completion, for example Battersea Power Station, the proposed improved transport links, the extension of Northern Line to Battersea, and the imminent arrival of the Dutch and U.S .embassies to Nine Elms, with others expected to follow”.
For more information contact:
Boultbee-Brooks Real Estate
+44(0) 20 73498454
+44(0) 20 7404 5959