156-170 Bermondsey Street, Southwark, SE1, London

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Description

An exciting opportunity to acquire a modern office of 2,455sqft in the heart of Bermondsey Street in London Bridge.

An exciting opportunity to acquire a modern office of 2,455sqft in the heart of Bermondsey Street in London Bridge. The office is laid out on the upper ground floor and provides high quality accommodation throughout including reception area, meeting rooms, main sales area and self contained kitchenette. The property benefits from being fully alarmed. The office will prove ideal for small to medium sized companies who may be looking to relocate. London Bridge has become a major commercial destination over the past 12 months and only looks to be growing in stature with London Bridge train station set to become one of the best connected stations in the UK.

The property is located along the trendy Bermondsey Street which was labelled by GQ as ‘the coolest road in the capital’. Bermondsey Street is positioned between Tooley Street and Long Lane, with numerous London landmarks close by including Tower Bridge, More London, The White Cube Gallery, Bermondsey Square and The Shard. London Bridge Station is 0.5 miles away providing access to both London Underground lines (Jubilee and Northern) and National Rail Services. Borough and Southwark Underground Stations are also within walking distance from the property.

The existing tenant is looking to assign their existing lease. The available leasehold interest expires on 23rd June 2018 and the rent is £98,200pax (£40psf). The lease is contracted outside the provisions of the 1954 Landlord and Tenant Act so the incoming tenant will not have automatic rights to renew the lease. A copy of the lease is available upon request.

According to the Summary Valuation effective from 1st April 2010, the rateable value for the property is £35,616.00. We understand that rates payable are therefore approximately £17,558.69 per annum for the period 2012/2013.

Specification

Size:

2,455 SqFt

Terms:

Short lease (1-3 years)

Floor/Unit:

Upper GF

Furnished:

No

Building features