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COMMERCIAL PROPERTY SERVICES

Borough Office  020 7234 9639

FULL DETAILS

4, Onega Gate, Surrey Quays, London, SE16 7PF

Size: 1,045 - 1,045 Sq Ft ( 97.08 - 97.08 Sqm )
Sale Price: £415,000 Long Leasehold

FEATURES

  • Recessed spotlighting
  • Electric heating
  • Two parking spaces

FULL DESCRIPTION

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Building Area: 97.08 m2 ( approx. 1,045 ft2 )

LOCATION

Onega Gate is located off Redriff Road, close to Greenland Dock and within walking distance of both Surrey Quays station (London Overground) and Canada Water station (bus, Jubilee line and Overground).

The surrounding area is subject to extensive regeneration with a number of large predominantly residential developments already completed together with a number of proposed schemes including extension of the nearby Surrey Quays shopping centre, the leisure park and development of the Harmsworth Quays printing works.

DESCRIPTION

4 Onega Gate comprises a small mid-terrace three storey office building arranged over ground and two upper floors, constructed in the late 1980’s. The premises are accessed via a separate entrance for the ground floor, whilst the upper floors have a shared stairway with the adjoining property.

There is a w.c. and kitchen point in each of the ground and first floors and the second floor has a small balcony overlooking Greenland Dock. The premises includes two allocated spaces in the parking area to the rear.

AMENITIES

Amenities for the existing office accommodation include:

 - Recessed spotlighting

 - Electric storage heaters

- Security alarm

 - Fully carpeted

- Kitchen point & w.c. on Ground and First floor

- Rear balcony on second floor

USE AND PLANNING

The existing use is as office (Use Class B1).

Planning permission was granted in March 2012 for conversion of the property to three self-contained studio flats of approx.405 sq ft (37.7 sqm) each on the ground and first floor and 423 sq ft (39.3 sqm) on the top floor – including a raised sleeping deck within the pitch of the roof.

TENURE

Leasehold for a term of 200 years from September 1988, with a peppercorn ground rent.

The user clause within the lease states that the property is to be used only for the purposes of offices and therefore freeholder’s consent would be required if the permitted residential conversion was to be undertaken. We understand that at least two of the other properties with the block have been changed to residential use in the past.

TERMS

The existing long leasehold interest is offered for sale with full vacant possession at £415,000.

We have been informed by the vendor that the property is NOT elected for VAT.

BUSINESS RATES

To be advised.

SERVICE CHARGE 

Approx. £1,200 per annum.

EPC 

EPC Asset Rating = 114 (Band E).



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

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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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