Property photos
£9,750,000
(£257.21/sq. ft)
Office for sale
Westminster Business Square, Durham Street, London SE1137,907 sq. ft
Local area information
Property location
Nearby amenities
- Lilian Baylis Technology School 0 miles
- St Anne's Catholic Primary School 0.1 miles
- Vauxhall 0.2 miles
- Vauxhall 0.2 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Vauxhall, Bostall Heath And Woods and Lambeth to find out more about the local area.
Features and description
- Double height reception
- Panoramic roof terrace on 4th floor
- Metal tile suspended ceilings with four pipe fan coil air conditioning
- Impressive slab to slab height of 3 metres plus on all floors
- Excellent natural light
- 2 x 13 person passenger lifts serving all floors
- WC’s (including disabled) on all floors, with showers available on ground, 1st and 3rd
- Six secure car spaces (including disabled) with dedicated bike storage
- Dda Compliant
- 150mm fully accessible raised floor
Freehold Opportunity Of Interest To Owner Occupiers, Investors & Developers
Overview
Freehold.
Prominent corner building located in the heart of Vauxhall, one of central London’s high growth sub-markets.
Situated adjacent to the Vauxhall, Nine Elms and Battersea (vneb) Opportunity Area in a rapidly evolving location.
Designed by Rolfe Judd, the property was redeveloped to a high specification in the early 2000’s and provides 37,907 sq ft (3,522 sq m).
The building is let to BowArts on a flexible lease. Enabling a purchaser to obtain vacant possession from September 2024.
Opportunity to undertake a refurbishment or a major redevelopment increasing the massing from 37,907 sq ft to 64,239 sq ft based on the Rolfe Judd revised scheme.
Offers are invited in excess of £9,750,000 for the Freehold interest, subject to contract and exclusive of VAT. A purchase at this level reflects £257 per sq ft on existing and £151 per sq ft on proposed.
Lease Summary
The ground to 3rd floors are let to BowArts on a lease commencing the 16th January 2024 and expires on the 15th January 2026, subject to a mutual option to break anytime from 22nd September 2024 on two months notice.
Overview
Freehold.
Prominent corner building located in the heart of Vauxhall, one of central London’s high growth sub-markets.
Situated adjacent to the Vauxhall, Nine Elms and Battersea (vneb) Opportunity Area in a rapidly evolving location.
Designed by Rolfe Judd, the property was redeveloped to a high specification in the early 2000’s and provides 37,907 sq ft (3,522 sq m).
The building is let to BowArts on a flexible lease. Enabling a purchaser to obtain vacant possession from September 2024.
Opportunity to undertake a refurbishment or a major redevelopment increasing the massing from 37,907 sq ft to 64,239 sq ft based on the Rolfe Judd revised scheme.
Offers are invited in excess of £9,750,000 for the Freehold interest, subject to contract and exclusive of VAT. A purchase at this level reflects £257 per sq ft on existing and £151 per sq ft on proposed.
Lease Summary
The ground to 3rd floors are let to BowArts on a lease commencing the 16th January 2024 and expires on the 15th January 2026, subject to a mutual option to break anytime from 22nd September 2024 on two months notice.
More information
Listed by
.png){kind=logo}
Property descriptions and related information displayed on this page are marketing materials provided by - USP London. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact USP London for full details and further information.