The property was originally constructed as an industrial warehouse in the late 1920s producing Spitfire aeroplane parts and subsequently converted to offices.
The premises provides lateral office floor space over part ground and part first floor, and a mix of open plan and cellular offices with ancillary accommodation including kitchen, W/C’s, showers, workshop area and bike storage. The right hand side of the ground and first floor have been leased and is therefore not included within this sale.
Units 5,7 and 11 have been merged to provide a single office premises. The main entrance is understood to have previously been known as / or formed part of Unit 9.
Location
The property is located on Hatton Street, situated between Frampton Street and Boscobel Street & close to Edgware Road (A5).
Hatton Street is a mixed commercial and residential area with an array of independent retailers, restaurants and cafes on the high street. Edgware Road Station (Bakerloo, Circle, Hammersmith & District Lines) is within a few minutes walking distance to the property.
Accommodation
Ground floor & mezzanine comprising approx. 4,189 Sq ft.
Terms
TENURE
Long Leasehold interest for a term expiring 1st June 2111 (approx. 89 years unexpired).
VAT
The property is not elected for VAT.
LEGAL COSTS
Each party to bear their own legal costs.
PRICE
Offers in excess of £1,750,000 (One Million, Seven Hundred & Fifty Thousand Pounds), Subject to Contract, reflecting a low Capital Value of £418 psf.
Specification
- Long Leasehold FOR SALE
- Providing lateral office space over part ground and part first floor
- Comprises a mix of open plan and cellular offices with ancillary accommodation
- Within a few minutes walking distance to Edgware Road Station
- Offers in excess of £1,750,000