18 Ensign Street, London, E1

18 Ensign Street, E1 8JD – Freehold For Sale

Location

The building is situated on the west side of Ensign Street, linking Cable Street to the Highway at the south end. Tower Hill underground (District and Circle Lines) and Aldgate stations are within 10 minutes walk, together with the amenities at St Katharine’s Dock.

Status

Available

Accommodation

The building comprises seven flats, which are let on ground leases, with offices on ground and lower ground floors, comprising the following approximate net internal areas:-

Lease:

The ground floor and lower ground floors are currently occupied by the owner and two other parties, on leases which can be determined in May 2018. Alternatively, this property could be held as an investment.

The flats are let for 125 years from 24th June 1997 at ground rents of £100 per annum for each, increasing every 25 years to £169, £220, £286 and £372 per annum.

Rent:

Guide price of £3m (Three Million Pounds)

Possession:

Vacant Possession by May 2018.

Amenities:

The office premises comprise a terrace of three buildings, originally warehouses, which are refurbished to a contemporary style with exposed columns, timber floors and benefits from the following:-

• Excellent floor to ceiling heights (Ground Floor)

• Excellent natural light (Ground Floor)

• Good natural light (Lower Ground Floor)

• Three compartment perimeter trunking

• Central heating

• Kitchen facilities

• Fire and security alarms