£1,200,000
Est. Mortgage £5,473 per month*
Studio flat for sale
Tooley Street, London SE1
studio Flat Property description
OverviewThe property comprises a building of masonry construction arranged over six floors including the lower ground and ground floor.
The property provides retail accommodation on the ground floor and lower ground floor with office accommodation on the first, second, third and fourth floors. The ground floor and lower ground floor retail unit, currently let to a hospitality business is mainly open plan with seating, kitchen and storage towards the rear of the property. The remaining elements of the first, second, third and fourth floors comprise open plan configuration and benefit from excellent natural light and high ceilings.
The property provides retail accommodation on the ground floor and lower ground floor with office accommodation on the first, second, third and fourth floors.Location128 Tooley Street benefits from excellent transport links and is very well connected with the newly redeveloped London Bridge Station a few minutes’ walk away. Also located within close proximity to local bus routes and London Underground stations.The building is within a 10-minute walk of Borough Market, Butlers Wharf, Bermondsey Street and Maltby Street Market providing a variety of restaurants, street food, bars and cafes, the property also sits opposite the Unicorn Theatre.Accommodation
The retail unit has been measured in accordance with the 6th edition of the RICS Code of Measuring Practice and provide the following net internal areas:
Lower Ground Floor: 992.43 ft² (92.20 sq.m)
Ground Floor: 893.94 ft² (83.05 sq.m)
First Floor: 909.65 ft² (84.51 sq.m)
Second Floor: 487.06 ft² (45.25 sq.m)
Third Floor: 446.70 ft² (41.50 sq.m)
Fourth Floor: 251.66 ft² (23.38 sq.m)
TOTAL: 3,981.44 ft² (369.89 sq.m)
Tenancies
128 Tooley Street is let on a 21-year lease from 26 March 2008, expiring on and including 26th March 2029. The lease has a current passing rent of £40,000 pa. PriceQuoting offers in the region of £1,500,000 (One Million Five Hundred Thousand Pounds) for the freehold, subject to contract and excluding VAT.
The property provides retail accommodation on the ground floor and lower ground floor with office accommodation on the first, second, third and fourth floors. The ground floor and lower ground floor retail unit, currently let to a hospitality business is mainly open plan with seating, kitchen and storage towards the rear of the property. The remaining elements of the first, second, third and fourth floors comprise open plan configuration and benefit from excellent natural light and high ceilings.
The property provides retail accommodation on the ground floor and lower ground floor with office accommodation on the first, second, third and fourth floors.Location128 Tooley Street benefits from excellent transport links and is very well connected with the newly redeveloped London Bridge Station a few minutes’ walk away. Also located within close proximity to local bus routes and London Underground stations.The building is within a 10-minute walk of Borough Market, Butlers Wharf, Bermondsey Street and Maltby Street Market providing a variety of restaurants, street food, bars and cafes, the property also sits opposite the Unicorn Theatre.Accommodation
The retail unit has been measured in accordance with the 6th edition of the RICS Code of Measuring Practice and provide the following net internal areas:
Lower Ground Floor: 992.43 ft² (92.20 sq.m)
Ground Floor: 893.94 ft² (83.05 sq.m)
First Floor: 909.65 ft² (84.51 sq.m)
Second Floor: 487.06 ft² (45.25 sq.m)
Third Floor: 446.70 ft² (41.50 sq.m)
Fourth Floor: 251.66 ft² (23.38 sq.m)
TOTAL: 3,981.44 ft² (369.89 sq.m)
Tenancies
128 Tooley Street is let on a 21-year lease from 26 March 2008, expiring on and including 26th March 2029. The lease has a current passing rent of £40,000 pa. PriceQuoting offers in the region of £1,500,000 (One Million Five Hundred Thousand Pounds) for the freehold, subject to contract and excluding VAT.
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First listed
Over a month agoTooley Street, London SE1
Marketed by
Redbrook Commercial - Reigate Hamilton House, 87-89 Bell Street, Reigate, Surrey RH2 7ANCall agent on 01737 483704
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Monthly repayment
£5,473
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Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Tooley Street, London SE1 - Streetview
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