£1,395,000
(£483.54/sq. ft)
Office for saleCosser Street, London SE1
2,885 sq. ft
Just added
About this property
Self-contained office
Air-conditioning heating
3 WCs and 1 shower
Suspended lighting
Kitchen
Meeting rooms in situ (can be removed)
Roller shutter
Storage
Overview
This property comprises a refurbishment of an original industrial building and a new build extension to the side and above, providing a ground floor office of 2,885 sq ft Net Internal Area and 10 flats on the upper parts.
The available office for sale comprises the entire ground floor of the property and is fully self-contained with two entrances off Cosser Street. The specification includes air-conditioning, suspended lighting, kitchen, 3 WCs and a shower. It also benefits from 3 glazed meeting rooms. These are demountable and therefore could be removed.
The office is currently let to a firm of architects. This lease expires January 2027 and they will be vacating. There is potential for them to surrender their lease and vacate earlier. The current rent is £88,000 per annum exclusive. A purchaser could either buy now and benefit from this rent until January 2027 or delay completion until vacant possession at that time.
The office is offered either freehold (with benefit of ground rent income from flats) or on a new 999 year leasehold basis.
Service Charge
Approximatley £1 per sq ft per year
This property comprises a refurbishment of an original industrial building and a new build extension to the side and above, providing a ground floor office of 2,885 sq ft Net Internal Area and 10 flats on the upper parts.
The available office for sale comprises the entire ground floor of the property and is fully self-contained with two entrances off Cosser Street. The specification includes air-conditioning, suspended lighting, kitchen, 3 WCs and a shower. It also benefits from 3 glazed meeting rooms. These are demountable and therefore could be removed.
The office is currently let to a firm of architects. This lease expires January 2027 and they will be vacating. There is potential for them to surrender their lease and vacate earlier. The current rent is £88,000 per annum exclusive. A purchaser could either buy now and benefit from this rent until January 2027 or delay completion until vacant possession at that time.
The office is offered either freehold (with benefit of ground rent income from flats) or on a new 999 year leasehold basis.
Service Charge
Approximatley £1 per sq ft per year
Mortgage calculator
Monthly repayment
£6,978 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}