London - Battersea - Bridges Court Road - Altura Tower
EXECUTIVE SUMMARY
Prime riverside building with vacant possession suitable for redevelopment
Situated in a prime riverside location next to the London Heliport, between Battersea and Wandsworth Bridge and 670m from Clapham Junction station
The area is fast evolving - substantial developments nearby include Albert Wharf, Swedish Wharf, Battersea Power Station and US Embassy
In 2010 the property opened as a 5-star, 67,171 sq ft hotel across basement, ground to 5th floors, and the 13th floor with 78 ensuite rooms, river-view balconies, a spa, pool, gym, and conference facilities
Owned via two headleases with c. 132 years unexpired and a total head rent of £2,250 pa (fixed increases every 25 years)
Available with vacant possession, providing exceptional redevelopment and enhancement opportunities including (subject to planning):
Retain the property as a hotel
Convert into a 96-bedroom care home (via 2022 planning consent)
Change of use to residential / co-living (positive pre-app in Dec 2017)
Change of use for student accommodation
Offers are invited for our clients' leasehold interests for the entirety or for each individual leasehold
CONTACT
Please contact us for further information regarding any of the properties on our site.
Barry Marshall