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Office to rent

Margaret Street, Fitzrovia, London, W1

Withdrawn from Market £32,000 pa
515 sq. ft.

Property Description

Commercial information

  • 515 sq ft (47 sq m)

Full description

LOCATION
The property is located on south side of Margaret Street between Great Titchfield Street and Great Portland Street close to the vibrant hotspots of Fitzrovia.

DESCRIPTION
The 5th floor west is currently fitted out providing an open plan format benefitting from a large skylight with demised W/C´s and kitchenette.

ACCOMMODATION
5th Floor: 515 SQFT

AMENITIES
Skylight Passenger
Lift
Wood Flooring
Demised WCs
Kitchenette
Comfort Cooling
Buzzer Entry System
Perimeter Trunking
Gas Central Heating

TERMS
Option 1

Tenure: An assignment of the existing lease to expire 22nd July 2018, contracted outside the Landlord and Tenant Act 1954.

Passing Rent: £19,828 per annum, exclusive of business rates and service charges.

Premium: £15,000 for the benefit of the leasehold interest.

Option 2

Tenure: A new sub lease for a term expiring 22nd July 2018, contracted outside the Landlord and Tenant Act 1954.

Rent: £32,000 per annum, exclusive of business rates and service charges.

LEGAL COSTS
Legal Costs: Each party is to be responsible for their own cost incurred in the transaction.


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Industry affiliations

Association of Residential Letting Agents National Association of Estate Agents Ombudsman for REsale Estate Agents (no OFT logo)