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COMMERCIAL PROPERTY SERVICES

Borough Office  020 7234 9639

FULL DETAILS

The Hop Exchange, 24, Southwark Street, London, SE1 1TY

Size: 602 Sq Ft ( 55.93 Sqm )
To Rent: £32,000 Per Annum

FEATURES

  • Gas central heating
  • Suspended ceiling with recessed Cat. II lighting
  • Excellent natural light
  • Building concierge

FULL DESCRIPTION

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Building Area: 55.93 m2 ( approx. 602 ft2 )

LOCATION

The Hop Exchange is prominently located on Southwark Street, close to the junction with Borough High Street 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 early 2018.

DESCRIPTION

The available accommodation comprises an office located on the ground floor, accessed via a short corridor off the main atrium of this distinctive and highly attractive landmark character period building.

Suite 10/11 is arranged as a single open plan room which would provide office accommodation for up to 10 staff. Located on the front side of the building with excellent natural light from the glazed frontage overlooking Southwark Street.

Access to The Hop Exchange is from the imposing ground floor entrance from Southwark Street leading into the main atrium, including building reception/concierge; with stairs and a passenger lift to the walkaway around the upper floor offices.

ACCOMMODATION

The approx. Net Internal Floor Area is : 602 sq ft (55.9 sq m)

AMENITIES

  • Gas central heating
  • Suspended ceiling with recessed Cat. II lighting
  • Fully carpeted
  • W.C. and kitchen facilities within the building communal areas
  • Passenger lift
  • Daytime building concierge
  • Evening building security
  • Excellent natural light

TERMS

New lease for a minimum term of three years. Lease to be outside the Landlord & Tenant Act.

RENT

£32,000 per annum. Rent is exclusive of all outgoings.

BUSINESS RATES

The new 2017 Rateable Value is £26,000 and therefore the base business rates payable for the year 2017/18 are approximately £12,454, although transitional and small business reliefs may apply. Interested parties should make their own inquiries via Southwark Council.

SERVICE CHARGE

The service charge for the year 2016/17 is approximately £6,121 (£10.15 per sq ft) plus recharge of building insurance of approximately £322 (£0.53 per sq ft).

VAT

VAT is payable on rent, service charge & insurance.

ENERGY PERFORMANCE

Energy Performance Asset Rating = 92 (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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