Central London Office Ground Rent Investment
Central London Office Ground Rent Investment
Hoxton is a vibrant and popular North London district. Wharf Road runs directly north off the A501, London's inner ring road. The property is prominently situated on the east side of Wharf Road some 700 metres east of City University/University of London. Local office occupiers include Adobe, Audible UK, Capital One, Deloitte Digital London UK, Headspace and Hive. The world renowned Moorfields Eye Hospital is some 500 metres south and Old Street roundabout, the hub of Tech City, is some 800 metres to the south.
Long Leasehold. Held for a term of 999 years from 10th May 2016 at a fixed peppercorn rent.
Hoxton is a vibrant and popular North London district. Wharf Road runs directly north off the A501, London's inner ring road. The property is prominently situated on the east side of Wharf Road some 700 metres east of City University/University of London. Local office occupiers include Adobe, Audible UK, Capital One, Deloitte Digital London UK, Headspace and Hive. The world renowned Moorfields Eye Hospital is some 500 metres south and Old Street roundabout, the hub of Tech City, is some 800 metres to the south.
Long Leasehold. Held for a term of 999 years from 10th May 2016 at a fixed peppercorn rent.
The property comprises ground floor, lower ground and basement office accommodation divided into 7 self-contained office suites. The property forms part of a larger residential development, which is not included in the sale.
VAT is applicable to this lot.
Six Week Completion
See legal pack at acuitus.co.uk.
The property comprises ground floor, lower ground and basement office accommodation divided into 7 self-contained office suites. The property forms part of a larger residential development, which is not included in the sale.
VAT is applicable to this lot.
Six Week Completion
See legal pack at acuitus.co.uk.
| Unit | Floor | Use | Floor Areas (Approx) | Tenant | Term | Rent p.a.x | |
|---|---|---|---|---|---|---|---|
| 1 | Ground Lower Ground |
Office Office |
414 sq m 370 sq m |
(4,456 sq ft) (3,983 sq ft) |
BRITISH ECOLOGICAL SOCIETY (THE) |
998 years from 10/05/2016 (1) |
£5,000 |
| 2 | Ground Lower Ground |
Office Office |
136 sq m 211 sq m |
(1,464 sq ft) (2,267 sq ft) |
MARK ANTHONY HOLDINGS LIMITED |
998 years from 10/05/2016 (1) |
£4,000 |
| 3 | Ground Lower Ground Basement |
Office Office Office |
129 sq m 236 sq m 497 sq m |
(1,389 sq ft) (2,538 sq ft) (5,350 sq ft) |
FAMILY ACTION | 995 years from 15/03/2019 (1) |
£5,000 |
| 4 | Ground Lower Ground |
Office Office |
215 sq m 170 sq m |
(2,314 sq ft) (1,824 sq ft) |
MAYLIM PROPERTIES LIMITED | 998 years from 10/05/2016 (1) |
£2,000 |
| 5 | Ground Lower Ground |
Office Office |
193 sq m 262 sq m |
(2,077 sq ft) (2,823 sq ft) |
DIXONBAXI HOLDINGS LIMITED |
998 years from 10/05/2016 (1) |
£2,500 |
| 6/7 | Ground Lower Ground Basement |
Office Office Office |
315 sq m 535 sq m 390 sq m |
(3,390 sq ft) (5,763 sq ft) (4,198 sq ft) |
BRYNE PROPERTIES LIMITED | 998 years from 10/05/2016 (1) |
£2,000 |
| Totals |
4,064 sq m |
(43,748 sq ft) (2) |
£20,500 | ||||
(1) Leases are subject to 5 yearly RPI linked rent reviews.
(2) The floor areas have been provided by the seller and have not been measured by the Auctioneers.
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