The property comprises a four-storey end of terrace office building approximately twenty years old. It forms part of a small commercial estate which built at the same time as a larger residential development nearby. It is of concrete frame construction under a pitched, tiled roof and is in generally good order. The property also benefits from two allocated parking spaces, and views over Deptford Creek and the Thames.
The premises are located just off the A200 (Creek Road) which links Greenwich with Central London. Public transport is excellent with numerous bus routes close by, and Greenwich and Deptford Network Rail stations within walking distance. Cutty Sark DLR is 500 metres away as is access to the Thames Clipper at Greenwich Pier.
The building comprises the following Net internal areas: Third Floor 55 Sq. M. Second Floor 48 Sq. M. First Floor 48 Sq. M. Ground Floor 44 Sq. M. Total 195 Sq. M.
There is a lease is in place in favour of Foster Care Associates based on the following terms: ? 20-year FRI from 4/4/2006 - 5 yearly rent reviews. Current passing rent £35,000 PAX. In turn Foster Care Associates have granted a sublease to Nationwide Data Collection (London) Limited. The sublease runs until 31/3/2025 and is subject to review 4/4/21, the current passing rent £25,000 PAX. This sublease appears to be excluded from the security of tenure and compensation provisions of the 1954 Landlord and Tenant Act
The premises have current business rates valuations as follows: Offices & Premises £25,000 Car Parking Spaces £ 1,000
We understand that the premises have B1 office use. It also has consent dated 20/2/19 to convert the upper three floors to residential use (3 x 2 bedroom apartments) with continued use of the ground floor as B1 offices.
Price upon application.
Each party will pay their own legal fees.
VAT is payable on this transaction.
Strictly by prior arrangement with sole agents Hindwoods Edward Dent: email@example.com
These particulars are believed to be correct, but their accuracy is not guaranteed and they do not constitute an offer or form any part of any contract. Hindwoods and its employees have no authority to make any representation or give any warranty in relation to this property.