+44 20 3608 1267

NEW BUILD OFFICES CLOSE TO GUYS HOSPITAL AND LONDON BRIDGE STATION

2,500,000 £
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Total area: 336 m² Yield: 5.2%
  • Absolute return: 178,100 €
  • 4-floor building
  • Percentage of the rented area: 100%
  • Total rooms: 3

Description

This newly built split level office has open plan floors with full height windows. The floors have excellent height and volume which is ideal for creative office and/or showroom space. This space may also be of interest to alternative users say Medical Gym etc subject to planning. Offered in a shell condition. In addition there is a 3 bedroom flat available by way of separate negotiation.

Specification

  • Newly Built
  • Wc’s
  • Self-Contained
  • Shower
  • Private lift between floors
  • Open Plan
  • Large windows/Light well
  • High Ceilings

Financial performance

£130,000 per annum exclusive (Plus Vat). The client may consider selling the long leasehold interest for £2,500,000 (plus vat).

The current yield of 5.2%.

Business Rates

Tenant will be responsible for the business rates for the premises. We understand that the premises are currently awaiting assessment.

Service Charge

We understand that the estimated service charge contribution for the year is approx. £1,615.

Location

The premises are located in South East London minutes from London Bridge (Northern and Jubilee Lines and mainline services) and Borough stations. Closeby is Guys Hospital and The Shard together with a wealth of bars and restaurants. Also the famous Borough market and Leathermarket gardens. The whole area has undergone extensive regeneration making this now a very popular destination.

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Julia Morozova
Julia Morozova
Senior Investment Consultant
+44 20 3608 1267
Free advice on real estate in London
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