Location
Cloisters House is situated within the Cloisters Business Centre off Battersea Park Road and Prince of Wales Drive. The former convent is part of a private gated business centre less than a 1 minute walk from Battersea Park Rail Station and 3 minute walk from Queenstown Road Station.
The extensive facilities of the Battersea Power Station and Nine Elms regeneration area are close by. Numerous bus routes serve the property providing access to Clapham Junction and beyond.
Description
The raised ground floor office accommodation benefits from high ceilings (3.9m), excellent natural light and period features.
The space comprises one large room (c. 775 sq ft), a small kitchen (c. 129 sq ft) and a demised WC.
There are two off-street parking spaces included within the secure gated development.
Premium
The assignee is to pay £10,000 plus VAT as a contribution towards the Assignor’s and Freeholder’s legal and surveyor’s fees.
Viewing
Strictly through sole agents Randell Commercial
Key Terms
The passing rent is £23,000 per annum exclusive.
Tenure
The premises are available by way of an assignment of a 5 year FRI lease from 1st November 2015 (expiring 31st October 2020). The lease is outside The Landlord & Tenant Act 1954.
VAT
VAT is not applicable.
Planning
The property has B1 (Office) planning consent.
Business Rates & Service Charge
The rateable value of the property is £23,000 which results in rates payable of c. £11,040 p.a.
Interested parties are advised to make their own enquiries with Wandsworth Council.
The tenant is responsible for a fair proportion of the estate and building service charge. 2017-18 payment: c. £3,750 plus VAT (£4.15 psf)
EPC
Rating: C
Copy available upon request.
Listed Features
- Kitchen
- Lounge Area
- Natural Light
- Development
- No FRI Lease
- Office
- Parking
- Perimeter Fencing
