32 Prescot Street, London, E1 8BB

Description
Modern, self-contained office accommodation set within a well-located, prominent, mixed-use development.

The open plan spaces are stylish, boast excellent ESG credentials and tick a lot of ‘wish list’ boxes for those seeking new space.

Location
The property is well located in the heart of the Aldgate business district, immediately east of the City of London. The immediate area provides a wealth of amenities including numerous cafes, bars and restaurants located at nearby hotspots like St. Katherine Dock & Minories. Green spaces are easily accessible at Goodman’s Fields & Aldgate Square.

Transport
Tower Hill (DLR, Circle and District lines)
Aldgate (Circle and Metropolitan lines)
Aldgate East (Circle, District and Hammersmith & City lines)
Fenchurch Street (c2c railway)

Highlights
• Open plan space
• Excellent natural daylight
• Good floor to ceiling heights
• Fitted kitchens with Quooker mixer tap
• Bespoke walnut raised floor
• A/C & fresh air ventilation system
• LED lighting
• Fibre connectivity & Wi-Fi system installed
• Video entry phone & fob access system
• External CCTV system
• Demised terraces to each space
• Demised W/C’s to each space
• DDA compliant lift & W/C
• Bike store & shower facilities
• Use of lounge & café at Rockwell East
• Use of gym at Rockwell East
• Shared use of gated courtyard
• Excellent ESG credentials

Approximate Floor Areas
First - 3,772 sq. ft. - 350.4 sq. m.

Ground - 1,949 sq. ft. - 181.1 sq. m.
L. Ground - 2,104 sq. ft. - 195.5 sq. m.
Subtotal - 4,053 sq. ft. - 376.5 sq. m.

Total - 7,825 sq. ft. - 727.0 sq. m.

There is also a newly built, self-contained courtyard building comprising 2,497 sq. ft.

The three spaces are available together or separately.

Lease
New lease/s available direct from the freeholder, for a term by arrangement.

Managed occupancy also available direct from the freeholder.

Rent
First - £52.50 per sq. ft. - £198,030 per annum
G&LG - £47.50 per sq. ft. - £192,518 per annum

Service Charge
First - £6.50 per sq. ft. - £24,518 per annum
G&LG - £6.50 per sq. ft. - £26,345 per annum

Business Rates
The estimated rates payable for 2024/25 are:

First - £22.58 per sq. ft. - £85,172 per annum
G&LG - £20.88 per sq. ft. - £84,627 per annum

Interested parties are expected to verify these figures from the London Borough of Tower Hamlets.

Total Occupational Costs
First - £307,720 per sq. ft. - £25,643 per annum
G&LG - £303,489 per sq. ft. - £25,291 per annum

EPC & BREEAM Ratings
A – 21 & BREEAM Excellent