Property photos
Freehold
Offers in region of
£795,000
(£683.58/sq. ft)
Office for sale
Unit 2, Sycamore Court, London SE11,163 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
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
Listed by
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