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

Full Description

New Office Unit For Sale or To Let

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.

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 us on 020 7234 9639 if you wish to arrange a viewing appointment for this property, or require further information.

Disclaimer
Field and Sons Commercial endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.

Contact Us

SIMPLY FILL IN THE FORM BELOW

By submitting this form, you agree that we may contact you about properties we think might interest you using the details you have provided.
Thank you for contacting us.
There was an error while sending your message.
Please wait...

Register

Sign up to our email alerts!
 

We will notify you as soon as a property in your search criteria comes on the market

Go

Reviews

Don't just take our word for it!

 

Write about your experience with us at Field & Sons Commercial or read all our current reviews
read all

Latest News

Keep up to date
 

Catch up on property news from the local area or find out what's going on at Field & Sons Commercial

read all