Location
The premises are situated on the west side of Grosvenor Place, bordering Belgravia and Victoria, and linking Hyde Park and Victoria. With Victoria Station in close proximity the building has access to National Rail trains and the London Underground network (District, Circle and Victoria) as well as the Coach Station. Hyde Park Corner also provides access to the Piccadilly Line and is just a short walk away.
Description
The available space comprises 3,468 sq. ft of fully fitted office accommodation on the second floor of the building. The office is largely arranged in open plan format, with 1 large boardroom, 2 meeting rooms, a reception area, printing room, comms room and separate demised kitchen and break out area.
Size
3,486 sq ft (324 sq m) approx
Amenities
- Fully Fitted
- Comfort Cooling and Heating
- Automatic Passenger Lift
- Demised Kitchen in Separate Area
- Perimeter Trunking
- Fibre
- Refurbished Reception
Rent
We are quoting a rent of £39.50 per sq. ft exclusive for the remainder of the term
Lease
Our clients hold a lease on the premises for a term to expire on 1st December 2020, which is excluded from the security of tenure and statutory compensation provisions of the Landlord and Tenant Act 1954 (part II), as amended
Rates
The estimated business rates payable equate to £22.22 per sq. ft, however, interested parties are advised to make their own enquiries with the council.
Service Charge
The service charge has been capped from the start of the lease at £54,893.93 plus PRI annual indexation, which equates to £15.75 per sq. ft, however we understand the budget is currently running at £12.15 per sq. ft.
Possession
Immediate upon completion of legal formalities