Prime Soho Freehold Office Building for sale, of interest to owner occupiers and developers, income producing until june 2017.
THE AREA
The property is located on the western side of the thoroughfare midway between the junctions with Soho Square and Bateman Street in the heart of Soho. Tottenham Court Road, Leicester Square and Piccadilly Circus underground stations are all close by.
THE SPACE
Comprises an attractive five storey office building (subject to planning consents would suit conversion to residential use) having been refurbished throughout a few years ago to provide bright office floors and benefits from a lift, not currently in use, along with a light well to the rear of the property.
THE SERVICES
● 3655 sq ft
● Ground Floor Frontage
● Comfort cooling
● Perimeter Trunking
● Video Entry Phone
● Wooden Floors Tenure
THE TERMS
The building can either be sold with vacant possession or alternatively with the benefit of the *letting of the basement, ground, first, second and third to Speakeasy Productions Ltd for a term expiring 21st June 2017, excluded from the renewal provisions of the Landlord and Tenant Act, at £100,000 per annum exclusive.
*The tenant has indicated that they would be prepared to surrender their lease.
The fourth floor is offered with vacant possession which is currently being used as a flat (one bedroom with kitchen and bathroom ERV £25,000 per annum).
Price
Offers in excess of £3.25m are sought for the freehold interest. Call Joshua Gilbery or Simon Korn on 020 7499 6070