The premises are prominently located on Tower Bridge Road, close to the junction with Tanner Street and just to the east of the popular and vibrant Bermondsey Street.
The immediate local area provides high quality residential property with numerous office and retail buildings together with bars, cafes and restaurants. The 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'.
Comprises a modern studio style self-contained office on the ground floor with own entrance in this mid-terrace attractive period former warehouse building.
Arranged as a main open plan office plus galley style kitchen, storage/server room, separate male and female w.c.s and shower.
Benefits from dual office and retail use (not cooking).
Approx. 1,275 sq ft (118.45 sqm) NIA.
The unit is offered for sale by way of the existing long leasehold for 999 years from December 2002 at a ground rent of £150 pa doubling in 2035 and every 35 years thereafter. Offers are sought in the region of £975,000.
To let by way of a new commercial lease on terms by arrangement. Rent £52,000 per annum, exclusive of all outgoings.
VAT applicable to price and rent.
Approximately £8,000 payable for the year 2021/22 (the Rateable Value being £17,000).
Approx. £1.44 per sq ft per annum.
Was Band C, new EPC to be assessed.