Commercial · For sale
10a Rochester Row, Victoria – Central London Retail Investment
10a Rochester Row, Victoria, London, SW1P 1BS
Offers over £510,000
- Floor area
- 89 sq m
- Tenure
- Leasehold
- EPC
- A
- Added
- 30 Oct 2026
About this property
Investment for sale: 10a Rochester Row, Victoria, London SW1P — a ground floor Class E retail unit in the City of Westminster, next to Sainsbury's Local and close to Coffee Republic, between Victoria and St James's Park.
The 958 sq ft (89.05 sq m) unit is fitted out to a high specification as an aesthetics clinic. It is let to Victoria Beauty Boutique Limited t/a Victoria Aesthetics on a 10 year lease from April 2023 to 16 April 2033 with no breaks (the tenant break was removed in May 2026). Passing rent is £42,500 pa, topped up by the vendor to £45,000 pa (£46.97 psf) until the upward-only review in April 2028.
The property is held on a long leasehold expiring 2157 (about 131 years unexpired) at a peppercorn rent. The upper floors are in separate ownership and not included. St James's Park station is about 6 minutes' walk and Victoria station about 12 minutes.
Offers in excess of £510,000, exclusive of VAT, reflecting a net initial yield of 8.42% after purchaser's costs of 4.74%. TOGC anticipated. EPC A (19). Viewing strictly by appointment.
Enquiries via hello@propsale.co.uk.
Features
- Let to 2033, no breaks
- £45,000 pa (topped up)
- 8.42% NIY
- 958 sq ft Class E
- c. 131 years at peppercorn
- Next to Sainsbury’s Local