Large Bright Office available on this sought after location in St John's Wood.
Alienation (Lessee right to assign = Yes or sub-let = No
Tenure: Lease Outside the Act
Lease Term: 5 years or 10 yrs with a review after 5 years
Rent: Guide Price Â£ 100,750 PA (Â£50 Per Sq Ft) exclusive, payable quarterly in advance
The building has not been registered for VAT purposes
Business Rates: Rateable Value= This varies on organisation - Tenant to set up account directly with Westminster Council.
The Service Charge includes:
Gas, Water = Quarterly - 50% to the ground floor
Building Insurance = Annual - 50% ti the ground floor
Last year was Â£3,434 for the year + vat
There is also a Part Block Management Charge that covers the external areas around the building. This is billed twice a year. The approximate figure for last year was Â£5,500 + vat.
Surety: A deposit equivalent to 3 months rent.
Utilities: Lessee to be responsible for demised area utilities, phones & IT. Cleaning of demise is also the responsibility of lessee.
Alterations: All adjustments to the demise, whether structural or non-structural require landlords consent, which will not be unreasonably withheld.
Access: 24/7, 365 days a year. Lessee can access the building outside of these hours and visitors outside these hours can contact lessee to arrange access. No Pets allowed on the Premises.
Signage: Lessee name to be included consistent with the tenant boards by front door (details of signage maker to be provided). Lessee permitted to affix nameplate to door of their demised area entrance