Office for sale in Seymour Mews, London W1H

Key Points

Description

Suitable for owner occupiers and investors.

A rare and unique opportunity to purchase a long leasehold in the heart of Marylebone Village which provides a self-contained ground floor and first floor commercial unit suitable for a variety of uses. The layout provides open plan working areas in addition to rooms suitable for offices and meeting rooms. Access an outside area is also available (outside title demise).

Availability_Text

The accommodation comprises the following areas:

Guide Price

£975,000 - subject to contract

Tenure

A long leasehold interest expiring 24 March 2126 with a base ground rent of £1,000.00 per annum (doubling every 25 years) and when owner occupied 10% of the market rent, subject to 5 yearly rent reviews, or if let 10% of rents received, payable quarterly in arrears.

VAT

The property is elected for VAT.

Viewing

We believe a property is best seen in person - contact us for a viewing, so we can walk you through how great this space is.

Further Information

EPC, headlease & other reports are available upon request.

Use

Offices - sitable for other uses subject to consent.

Business Rates

Rates Valuation - £33,250
Rates Payable - £16,591.75 per annum.

Commute

Bond Street - 8 mins
Marble Arch - 10 mins
Baker Street - 13 mins

Foodie Hotspots

- Hoppers - Lina Stores
- Pachamama - The Ivy Cafe

Liquid Lunch

- All Bar One - The Duchess
- The Grazing Goat - The Three Tuns

A Stretch Away

- Kobox - Fitness First
- Third Space - Psycle

Parking

Citipark - Portman Square - 3 mins.

Rental

Consideration will also be given to renting the premises at a quoting rent of £39,500 per annum exclusive, for a term to be agreed.

Extension Opporunity

The headlease allows for a potential extension 4 metre above the current height of the building, subject to the Freeholder’s consent. This would also be subject to planning, heritage and other necessary consents.

Area

Gia - 888 sq.ft.

NIA - 763 sq.ft.