Status: TO LET - UNDER OFFER
Size: 5,185 Sq. Ft. (APPROX.)
Address: One Pear Place, London SE1 8SB
Rent: £308,500 PA (+VAT)
Business Rates: £98,515 PA
Service Charge: £25,925 PA
Insurance: £3,888.75 PA
Second Floor - 5,185 Sq. Ft. (Approx. NIA)
This fantastic prominent location is next door to Waterloo Station benefiting from the amenities of Lower Marsh and The Cut. The Old Vic Theatre is opposite the building with the South Bank Centre being only a short walk away.
A-Grade office space within this new build development next to Waterloo station. The space benefits from an impressive double height entrance, excellent natural light, air-conditioning and raised flooring.
The new build development of 152-158 Waterloo Road & 2-10 Baylis Road SE1 8SB (existing addresses) is externally finished in a natural limestone cladding to Waterloo Road, Pear Place and part of Baylis Road. The entrance to the office units is via Pear Place, a private gated space securely controlled by a fob access system.
The main office, lift lobby and WC corridor are finished in a raised access floor system providing a service void beneath of 175mm. Final floor finishes here are to be fitted by the Tenant. Columns will be finished with a white painted plasterboard with necessary insulation within and window supports concealed. The ceiling to the Offices are an SAS 330 ceiling system integrating and concealing all M&E elements above with flush recessed lighting (see p.11 for full M&E schedule). WC & Shower cubicles are finished to the floor in a Black porcelain tile and a limestone tile finish to the walls.
Occupancy numbers are designed at 60 persons maximum per office floor.
A New Effective Full Repairing and Insuring Lease outside the protective provisions of the Landlord and Tenant Act for term to term to be agreed.
£308,500 per annum exclusive (+VAT)
The space needs to be assessed by the Valuation Office Agency. From nearby buildings the Landlord estimates that Rates Payable 1st April 2017 to 31st March 2018 will be £98,515. Interested parties are advised to seek confirmation from the London Borough of Lambeth.
The service charge which includes the cost of reception desk and night-time security is estimated at £25,925 (+VAT) per annum.
The contribution to buildings and terrorism is estimated at £3,889 per annum.
The almost identical First Floor is available taking both floors togther would provide a total of 10,370 sq. ft. (Approx.)
The Statements contained in these Particulars are believed to be correct but their accuracy is not guaranteed and they do not constitute any part of an offer. This Agent and its employees have no authority to make representation or give any warranty in relation to this property. Any intending purchaser/lesser must satisfy themselves by inspection, examination, investigation or otherwise as to the correctness of each of the statements contained in these particulars.