Property for sale in Royal Oak Yard, London SE1

Fabulous and well-located modern basement office space is available for letting in London Bridge SE1. The office benefits from being situated in a Prime Southbank spot, in a mews just off the very trendy Bermondsey Street located right next door to the new White Cube Gallery.

The offices are modern, very secure, and open-plan. The office is furnished with desks, chairs and filing cabinets. The tenants have access to hire an onsite 12 seater modern and equipped meeting room. The space is 0.6 miles from London Bridge station which offers easy transport communications to the City, West End, Docklands, famous Borough & Antiques market and Southern Fringe. Bermondsey offers an array of independent bars, shops, cafés and retail outlets and is a rapidly growing hub for the creative industry.

Details about the space are as follows:
1. Approx. 1600 sq ft total space and can very comfortably accommodate 30 people plus filing space.
This space is split between a ground floor unit of 1000 sq ft and a basement unit of 600 sq ft .2. It is self-contained with separate access, and very secure with the door entry system, Intercom, CCTV and roller shutters front & back.
3. There is CAT5, telephone and broadband connections

It is a fabulous environment for office workers who can benefit from the numerous cafes, restaurants, galleries, markets and buzz of Bermondsey Street! A real desirable place for staff and clients to come and visit.

Both the Ground floor and basement space are currently rented out to one Tenant on a long term lease.

Total sq ft including entry, stairs, toilets and kitchen is approx 1600 sq ft. Total lettable space is 1288 sq ft of ground floor of 808 sq ft and basement of 480 sq ft.

The current rent is £40 per sq ft of lettable space for the ground floor of 808 sq ft and £30 per sq ft for lettable space in the basement of 480 sq ft

Leasehold Information:

Lease term: 999 years from 2004

Service charges: £5400.00 pa

Ground Rent – £0.00

Business rates: £16,000 pa