This stylish contemporary office measures approximately 4,500 sqft and is situated on the ground floor of a residential block. The property comes with benefit of a 999 year lease starting from the 1st of January 2008 (984 years remaining) with service charges.
The property features high ceilings (nearly 4 metres high in parts), two kitchens, toilets, two meeting rooms, air conditioning, one secure car parking space and is a secure and alarmed premises.
Currently, the luxury design company, The Conran Shop, occupy the premises, but will be vacating in September 2023. This property is likely to suit a wide range of owner occupiers with little work required to make it their own. Additionally, local investors would find it of interest as it could be Let to one occupier or can be subdivided into three separate units as there are three possible entrances on street level with secure shutters.
The property is also available to let at £XXX per annum which is an attractive 6.2% yield.
Location
The property is situated on Webber Street which is strategically located in the heart of South London’s creative district, surrounded by global names in banking and commerce and within minutes of the Southbank and the River Thames. The neighbourhood is populated with bars, cafes, galleries and open green spaces, with Tate Modern, the river and Southbank virtually on its doorstep.
Transport connections are also simple and convenient with Borough (Northern Line), Southwark (Jubilee Line), Waterloo Station (Jubilee Line, Northern Line, Bakerloo Line, Waterloo & City Line and National Rail Services) and Elephant & Castle (Northern Line, Bakerloo Line, National Rail) within a 5-10 minute walk not to mention London Bridge Station being close by as well.
There are shops, restaurants and the world famous Borough Market, just eight minutes’ walk. This location is likely to suit national, local and international brands looking to relocate their business.
Accommodation
Size - 407 sq m (4,382 sq ft)
Terms
Price - Offers in excess of £XXX
Rent - £XXX per annum
Tenancies - Current tenancy ends September 2023
VAT - Vat applicable