220 sq metres (2,367 sq ft) of ground floor open plan shell and core space, ready for tenant fit-out and referred to as unit 6A & 6B – as per the attached plan. By virtue of the short-term tenancy, an element of fit-out has taken place but not to a significant degree. The property is currently used as offices for Mace Ltd. and storage of light building materials.
There are two separate entrances enabling sub-division if wanting to let part.
The original planning consent was for B1 use however the unit now falls within the new non-restrictive use class ‘E’.
( Agency Pilot Software ref: 774 )
Location
Just off Vanbrugh Hill and Trafalgar Roads close to the junction with Blackwall Lane affording quick access to the A2/M2 and The Dome. The space forms part of a new mixed-use development, beneath over 300 residential units on the site of the former Greenwich Hospital, where other occupiers include Costa Coffee, Magnet kitchen showroom, Sainsbury’s Local, Thai restaurant, and offices for Greenwich Council.
Accommodation
2,367 sq ft of ground floor open plan shell and core space
Terms
The space is be let to Mace Ltd on a short-term lease (*2-3 years whilst they complete the fit out works of their neighbouring development) at a rent of c.£42,000 pa.
Guide Price - Offers in excess of £450,00 plus VAT
Business Rates - Interested parties are advised to make their own enquiries to the local authority, being the Royal Borough of Greenwich.
Tenure - The property is offered on a long lease for a term of 999 years (less three days) from 12 November 2018 with zero ground rent.
Service Charge - Service charge estimated to be c.£8500 per annum.
VAT - Purchase price is subject to VAT.
Legal Fees - Each party to bear their own legal costs.
Specification
- GROUND FLOOR USE CLASS ‘E’
- PART OF NEW DEVELOPMENT OFF VANBRUGH HILL/WOOLWICH ROAD