Office / Sale
1,526 Sq Ft

5 Maidstone Buildings Mews, London, SE1 1GN

SE1 1GN

Overview

Office for Sale in Stunning Private Mews moments from Borough Market
Maidstone Buildings Mews is a charming and exceptionally attractive private gated mews. Positioned immediately off Borough High Street it comprises former Victorian warehouses converted into a mix of offices and apartments and offers an oasis of calm off the busting high street. The third floor office occupies the entire top floor and has an attractive and very high pitched ceiling. Velux and dormer windows provide very good natural light. The Net Internal Area is 1,526 sq ft, however in addition there is a further approx 300 sq ft that has restricted head height but is still useful space. The office has been stylishly fitted out and specification includes; 2 WCs within demise, open plan kitchen, meeting room (demountable), timber floor, part exposed brick and air cooling. There is the opportunity of obtaining vacant possession upon purchase as existing tenant is willing to surrender lease. Alternatively for a purchaser seeking income the office is currently let on a lease expiring 19th December 2025, with MUTUAL break option at 19th June 2024, at an annual exclusive rent of £63,600.

Amenities

  • Timber Floor
  • Air-cooling
  • Exposed original brickwork (in parts)
  • High pitched ceiling and column free floor plate
  • Kitchen
  • WCs within demise
  • Bike Store
  • Meeting room (demountable partition)
  • High-speed internet connection (200 mbps) via leased line
  • On-site concierge
  • Secure gated mews

Accommodation

Floor Availability Area (sq ft) Desks
3rd Floor Under Offer 1,526 13-23
Total TODO

Details

Type Office
Rates £13.82 per sq ft (year 2023/24)
Sale Price £1,200,000
Service Charge £3.80 per sq ft
Lease Terms A 999 year lease from June 1999, subject to a peppercorn ground rent. Vacant Possession can be granted on purchase, alternatively existing tenancy can continue expiring Dec 2025 giving rental income of £63,600 pax.
Tenure Long Leasehold
Download Particulars

Get in touch

Rupert Cowling
t: 020 3757 8578
Max Humphreys
t: 020 3757 8570