- Cassette heating/cooling
- Wood flooring
- Perimter trunking & floor boxes
- Cat. II lighting
Full Description
LOCATION
Royal Oak Yard is a mixed commercial and residential development, in a courtyard location towards the southern end of the popular Bermondsey Street. The newly redeveloped London Bridge mainline and underground stations with new entrance/exit on St Thomas Street is within a short walk, as are the high profile schemes at 'morelondon', 'Bermondsey Square' and 'The Shard'.
DESCRIPTION
A self-contained ground floor studio office unit arranged as a predominantly open plan space, with own kitchen and w.c. Access to the property is directly from the main courtyard, close to the entrance from Bermondsey Street.
The total approximate net internal floor area is 1,163 sq ft (108 sq. m.)
AMENITIES
- Cassette heating/cooling system
- Entryphone
- Wood flooring
- Open plan kitchen
- Perimeter trunking & floor boxes
- Security alarm
- Category II lighting
- Category V Cabling
TENANCY
Let to AA ART Limited by way of a five year lease from May 2021. Outside the Landlord & Tenant Act.
Rent £42,000 per annum with Open Market Rent Review after 3 years of the lease. Rents are exclusive of all outgoings and VAT is applicable. There are tenant only break options at 18 months and three years subject to six months prior notice. A rent deposit of £8,400 (inc. VAT) is held.
PROPOSAL
The unit is offered for sale by way of the 999 year long leasehold from 2006, with a ground rent of £250 per annum.
PRICE
Offers invited in the region of £795,000 for the long leasehold, subject to the existing tenancy. We understand VAT will be payable on the sale price
Viewing
Please contact us on 020 7234 9639 if you wish to arrange a viewing appointment for this property, or require further information.
Energy Performance Certificate
Click here to view the Energy Efficiency Rating and Environmental Impact Rating for this property.
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.