Summary
Tankerton Works is a former Victorian era stable block that was sympathetically reconstructed as offices approximately 15 years ago and has its accommodation arranged over basement, ground and first floors.
3 tenants occupy 4 suites with 1 unoccupied suite.
Key Points
- Freehold investment for sale
- Diversified income risk
- 5 separate suites + communal areas
- 4 suites occupied under 3 separate tenancies
- 1 suite vacant
- Current income of £84,000 PA
- Total income of £114,000 PA upon leasing of vacant suite
- Offers in the region of £2,000,000
Tenancy Schedule
Current income for this property is £84,000PA rising to £114,000 PA upon disposal of the vacant suite. Download tenancy schedule for full details.
Tenure
The freehold interest in title number NGL 827323 is being sold subject to the existing tenancies, as defined in the tenancy schedule.
Proposal
Offers in the region of £2,000,000 are sought, subject to contract.
VAT
The sale price is not subject to VAT.
Viewings
All inspections via The Vendor's sole agent, Ashurst Real Estate
See dedicated website
Further information, photos, floor plans etc. can be found at https://bit.ly/TankertonWorksforsale
Ashurst Real Estate
If Tankerton Works is not what you are looking for, see our other available properties at https://bit.ly/AshurstREproperties
Anti Money Laundering Regulations
We are obliged to conduct customer due diligence under the Money Laundering Regulations 2017 when terms are agreed with a purchaser.
Location
Tankerton Works is located in a mid terrace position in Argyle Walk and is within 3 minutes of King’s Cross and St. Pancras Stations and a 7 minute walk to Russell Square Underground Station.