Attractive Building with Ground Floor A3 Retail unit on the Gray’s Inn Road, London.
Description
A rare opportunity to acquire centrally located and modern media-style office accommodation within an attractive end terrace period building. The office parts are self-contained and arranged over 5 floors- accessed via a separate entrance foyer. Basement storage and plant rooms serving the office parts are accessed via a separate staircase.
Location
The Building is located in the heart of London occupying a prominent position at the junction of Gray’s Inn Road and Baldwin Gardens opposite the historic Gray’s Inn Square. The area is served by a range of local shops and eateries, Chancery lane Underground Station (Central Line) is located just a few minutes walk to the South (circa 0.1 miles) whilst Farringdon (Circle, Metropolitan, Hammersmith and City lines and Thameslink) are located circa 0.4 miles to the East. The major international transport hub facilities at Kings Cross and St Pancras Stations are approximately 1.2 miles away and can be easily accessed via numerous bus routes which run past the building.
Office specification
- Self-contained offices with separate entrance foyer
- 5th Floor with decked balcony (requires handrails)
- Ground floor and basement store rooms
- 8 Person passenger lift
- Central Heating
- Exposed Timber Floors
- Entry phone
- WCs on all upper floors
Tenure
Freehold
Terms
Entire freehold for sale with vacant possession of the office floors yet subject to the lease of the retail premises on the ground and basement floors.
Price
Unconditional offers invited in Excess of £4,000,000 (four million pounds)
Tenancies
The office parts are offered for sale with vacant possession. The retail unit is let for a term of 10 years from 1st October 2012. The lease was originally granted to Elevtham Ltd (trading as Abokado). This has now been assigned to Beangreen Ltd (company No 09795645) and is secured by a rent deposit and Authorised Guarantee Agreement by Elvetham Ltd.
The passing rent is £50,000 per annum exclusive of Vat, business rates and service charge. In addition, the lease includes an upwards only rent review.
| Address: | Gray's Inn Road |
| City: | London |
| Zip Code: | WC1X 8LT |
