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47-79 Durham Street, London, SE11 5JH

£9,750,000

£257.21 per sq ft

Business rates & charges may apply

USP London, USP London
SIZE AVAILABLE

37,907 sq ft

3,522 sq m

SECTOR

Office for sale

Key features

  • Double height reception
  • Panoramic roof terrace on 4th floor
  • Metal tile suspended ceilings with four pipe fan coil air conditioning
  • Impressive slab to slab height of 3 metres plus on all floors
  • Excellent natural light
  • 2 x 13 person passenger lifts serving all floors
  • WC’s (including disabled) on all floors, with showers available on ground, 1st and 3rd
  • Six secure car spaces (including disabled) with dedicated bike storage
  • DDA Compliant
  • 150mm fully accessible raised floor

Description

Freehold.
Prominent corner building located in the heart of Vauxhall, one of central London’s high growth sub-markets.
Situated adjacent to the Vauxhall, Nine Elms and Battersea (VNEB) Opportunity Area in a rapidly evolving location.
Designed by Rolfe Judd, the property was redeveloped to a high specification in the early 2000’s and provides 37,907 sq ft (3,522 sq m).
The building is let to BowArts on a flexible lease. Enabling a purchaser to obtain vacant possession from September 2024.
Opportunity to undertake a refurbishment or a major redevelopment increasing the massing from 37,907 sq ft to 64,239 sq ft based on the Rolfe Judd revised scheme.

Offers are invited in excess of £9,750,000 for the Freehold interest, subject to contract and exclusive of VAT. A purchase at this level reflects £257 per sq ft on existing and £151 per sq ft on proposed.

Lease Details
The ground to 3rd floors are let to BowArts on a lease commencing the 16th January 2024 and expires on the 15th January 2026, subject to a mutual option to break anytime from 22nd September 2024 on two months notice.

Brochures

47-79 Durham Street, London, SE11 5JH

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Vauxhall Station0.2 miles
  • Oval Station0.3 miles
  • Kennington Station0.6 miles

About USP London, USP London

10 Stoney Street, London, SE1 9AD

"USP. LONDON PROVIDES SPECIFIC AND BESPOKE REAL ESTATE SERVICES FOR LONDON'S SOUTH BANK AND INNER SOUTH LONDON, A MARKET WHICH HAS UNDERGONE AN UNPRECEDENTED TRANSFORMATION OVER THE LAST 25 YEARS AND WHICH IS NOW FIRMLY ESTABLISHED AS ONE OF CENTRAL LONDON'S MOST IMPORTANT BUSINESS DISTRICTS."

Notes

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