Welcome to Field & Sons Commercial Property Services

COMMERCIAL PROPERTY SERVICES

Borough Office  020 7234 9639

FULL DETAILS

50, Southwark Street, London, SE1 1UN

Size: 2,080 Sq Ft ( 193.24 Sqm )
To Rent: On Application

FEATURES

  • VRV Comfort Cooling
  • Raised Floor
  • Recessed Linear LED Lighting
  • Passenger Lift
  • Cycle Storage & Showers

FULL DESCRIPTION

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Building Area: 193.24 m2 ( approx. 2,080 ft2 )

LOCATION

Located on the north side of Southwark Street, just to the east of the junction with Southwark Bridge Road and within a short walk of London Bridge station and the popular Borough Market/Bankside locality.

Recent and on-going major redevelopment has transformed this area into one of London’s most sought after business, leisure and residential destinations; with a number of high profile schemes in the immediate vicinity including 'The Shard' at London Bridge and the £6.5 billion full redevelopment of London Bridge station itself which is due to complete in 2018.

DESCRIPTION

The available accommodation comprises the third floor office suite, within this fully refurbished mid-terrace period building.

Arranged as two main open plan spaces plus a pair of glazed meeting rooms, waiting area and kitchen/break out room. Excellent natural light from windows on both sides. Access is via the video entryphone controlled communal ground floor entrance, with stairs and passenger lift to the upper floors. Cycle storage and shower facilities are also within the common parts.

ACCOMMODATION

NIA approx. : 2,080 sq ft (193.2 sq m)

AMENITIES

The entire building was comprehensively refurbished in 2015 and amenities for the office include : 

  • VRV Comfort Cooling
  • Raised floor with floor boxes
  • Recessed linear LED lighting
  • Fully equipped kitchen and break out space.
  • Built in storage
  • Passenger lift
  • Cycle storage and showers
  • Excellent natural light

TERMS

Either new sublease for term up to January 2021 or an assignment of the existing lease which is for a term of 10 years from 01/02/16, subject to a tenant option to determine at the fifth anniversary and an upward only review at the same date. Lease is outside the Landlord & Tenant Act.

RENT

On application.

BUSINESS RATES

The 2017 Rateable Value is £75,000 and therefore the full business rates payable for the year 2017/18 will be approx. £35,925; although transitional relief may apply. Interested parties should make their own inquiries via Southwark Council.

SERVICE CHARGE

The service charge currently equates to just under £9 per sq ft and is subject to a cap of £9.50 per sq ft.

VAT

VAT is payable on rent and service charge & insurance.

ENERGY PERFORMANCE

Energy Performance Asset Rating = 85 (Band D)



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

Energy Performance Certificate
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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