Office for sale in St Mark's Studios, 14 Chillingworth Road, London N7
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Property description
Key Points
Description
The building provides modern studio style offices in units of various sizes.
Location
St. Mark’s Studios is situated close to the junction of Holloway Road and is well served by numerous bars, restaurants, retail shops and supermarkets.
The area benefits from strong public transport with Holloway Road (Piccadilly line) Highbury & Islington (Victoria, Northern lines and London overground’s East and North London lines) and Holloway mainline station all located within the immediate vicinity, with a journey time of 12 minutes to Bond Street (West End) and 18 minutes to Bank (City). Holloway Road is also well served by the London bus network with numerous routes stopping close to the property.
Terms
The building is let to 12 occupiers on licences and leases producing a gross income of £543,358 pa (£45,279 per calendar month). There are 8 vacant units that once let will increase the gross rent to £750,774 pa (£62,564 per calendar month).
Freehold, subject to 12 residential flats on the 4th, 5th and 6th floors sold off on a lease to Clarion Housing Association expiring 28/09/2082, at £1,500 pa.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
BDG Sparkes Porter LLP, W1K on +44 20 3641 1021 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by BDG Sparkes Porter LLP, and do not constitute property particulars. Please contact BDG Sparkes Porter LLP for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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