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Self-Contained Ground Floor Premises
The subject building is located on the North Side of George Street, close to the junction with Seymour Place. Edgware Road (Circle, District, Hammersmith & City lines) is 6 minutes walk to the North, whilst Marylebone (Bakerloo line and Chiltern Railways) is approximately 9 minutes walk to the North East.
- Own Entrance
- Comfort Cooling
- Fitted Kitchen
- Central Heating
- WC & Shower Facilities
- Gym Room
The available accomodation is on the Ground Floor and benefits from its own self-contained entrance from street level. The space is divided to form a reception area, a mixture of private offices and meeting rooms, together with a kitchen and WC's.
Ground Floor - 1,900 SQ FT / 176.52 SQ M
The lease stipulates that the property is to be used only as offices within class B1 of the Town and Country Planning (use classes) order 1987.
An assignment of our clients lease which expires on 24th March 2123. The lease has approximately 104 years remaining with a ground rent payable of £300 per annum until 25th December 2025. The ground rent then doubles every 25 years until the end of the term to a maximum of £4,800 per annum.
We are advised that the building is not VAT elected so VAT will not be payable on the purchase price.
Each party to be responsible for their own legal costs incurred in this transaction