£795,000

Office for sale

  1.  2 Sycamore Court2.Jpg
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Freehold

Offers in region of

£795,000

(£683.58/sq. ft)

Office for sale

Unit 2, Sycamore Court, London SE1

1,163 sq. ft

Local area information

Property location

Nearby amenities

  • Snowsfields Primary School 0.2 miles
  • Grange Primary School 0.2 miles
  • London Bridge 0.4 miles
  • London Bridge City Pier 0.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for Tower Bridge, Hampstead Village and City of London to find out more about the local area.

Features and description

  • Freehold
Key Points

  • Cassette heating cooling
  • Wood flooring
  • Perimeter trunking & floor boxes
  • Virtual Freehold
  • Current rent £42,000 pa
  • Review in May 2024

  • 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.)

    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 immediate local area has and continues to undergo extensive redevelopment to provide high quality residential property and numerous new office buildings together with various other bar and restaurant facilities.

    The redeveloped London Bridge mainline and underground stations with new entrance/exit on St Thomas Street is within a short walk.

    Terms

    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

    Specifications

    Newly refurbished, amenities include :
    - Cassette heating/cooling system
    - Entryphone
    - Wood flooring
    - Open plan kitchen
    - Perimeter trunking & floor boxes
    - Security alarm
    - Category II lighting
    - Category V Cabling

    More information

    Report this listing

    Property descriptions and related information displayed on this page are marketing materials provided by - Field & Sons. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Field & Sons for full details and further information.

    1. Zoopla
    2. Commercial for sale
    3. London
    4. South London
    5. Bermondsey
    6. Royal Oak Yard

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