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Location

The property is located on the east side of Albany Street to the south of its junction with Redhill Street, NW1. This is approximately equidistant between Great Portland Street (Circle, Hammersmith & City and Metropolitan lines), and Mornington Crescent (Northern Line) Underground stations.

Description

The property which was developed in 1988 is arranged on ground to third floors above a basement garage as follows:

Third floor            2,285 sq ft        212.3 sq m

Second floor        2,913 sq ft        270.6 sq m

First floor            2,904 sq ft        269.8 sq m

Ground floor        2,761 sq ft        256.5 sq m

Each floor was originally constructed in open plan format but is currently arranged with demountable partitioning to provide a combination of general offices, meeting rooms and individual executive offices. The property is about to be reinstated to its original open plan layout.

There is a basement garage where five parking spaces are allocated for the tenant's use.  

Size

10,863 sq ft (1,009 sq m) approx

Amenities

  • 8 person lift
  • Flourescent lighting
  • Air-conditioning
  • Suspended ceilings
  • Toilet accommodaion on each floor
  • Raised floor

Rent

£375,000 (£34.50 per sq ft approximately) per annum exclusive.

Lease

A new effective full repairing and insuring lease is available for a term by arrangement. (ideally 10 years)

Rates

TBC.

Service Charge

TBC.

Possession

The premises are leased until June 2013 but possession at an earlier date is available by arrangement.

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