Welcome to Field & Sons Commercial Property Services

COMMERCIAL PROPERTY SERVICES

Borough Office  020 7234 9639

FULL DETAILS

36-38, Penrose Street, London, SE17 3DW

Size: 2,196 Sq Ft ( 204.02 Sqm )
Sale Price: £1,285,000 Leasehold
To Rent: £77,000 Per Annum

FEATURES

  • New development
  • Shell & Core Finish
  • Fully self-contained

FULL DESCRIPTION

Change Currency $
Building Area: 204.02 m2 ( approx. 2,196 ft2 )

LOCATION

The premises are located on Penrose Street, just off the busy and popular Walworth Road.

Elephant & Castle centre is approx. 750m to the north, including the stations for the mainline rail (Thameslink) and Underground (Northern and Bakerloo lines). Kennington Underground (Northern line both West End and City branches) is also about 600m to the west.

The entire Elephant & Castle locality is subject to a £2.5 billion ongoing development and regeneration to provide a vibrant mix of residential, commercial and leisure activities, together with enhanced transport links.

DESCRIPTION

The available accommodation comprises a self-contained office unit arranged over part of the ground and first floor of this exclusive new mixed use development.

Each floor provides an open plan space, inter-connected by way of an internal stair and accessed via a dedicated entrance from street level. To be finished to a ‘shell & core’ specification, with capped utility connections ready for an incoming occupiers own fit out. Includes a front and rear small terrace area at first floor level.

Construction is underway and the development is scheduled for completion Q3 2017.

The approximate gross floor areas are :

Ground Floor = 1,432 sq ft (133 sqm)

 First Floor = 764 sq ft (71 sqm)

 Total = 2,196 sq ft (204 sqm)

TERMS

The unit is available to purchase by way of a new long leasehold interest & nominal ground rent.

OR

To let by way of a new commercial lease on terms by arrangement.

PRICE AND RENT

Price For Sale : £1,285,000 (L/H) plus VAT.

Rent For Leasing : £77,000 per annum, exclusive of all outgoings and plus VAT.

BUSINESS RATES

To be assessed on occupation.

SERVICE CHARGE

To be advised.

ENERGY PERFORMANCE

To be assessed on completion.



Viewing
Please contact Field & Sons on 020 7234 9639 if you wish to arrange a viewing appointment for this property or require further information.

Disclaimer
Field & Sons Commercial Property Services for themselves and for their clients of this property whose agents they are give notice that:

1 These particulars are set out as a general outline only for the guidance of intending purchasers/tenants and do not constitute part of any offer or contract.
2 All descriptions, dimensions, references to conditions and necessary permissions for use and occupation and other details are given without responsibility and any intending purchaser or tenant should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them.
3 No person in the employment of Field & Sons has any authority to make or give any representation or warranty whatsoever in relation to this property.

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