Property Particulars

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5 Prescot Street, E1 8PA

Location

Public Transport

  • 0.26 miles from Aldgate East
  • 0.30 miles from Aldgate
  • 0.35 miles from Tower Hill

5,289 sq ft (492 sq m)
£4,200,000

Location

5 Prescot Street is located on the southern corner of the junction between Prescot Street and Leman Street, in the heart of the recognised eastern City Fringe. The building benefits from excellent transport links with Aldgate, Aldgate East, Fenchurch Street and Tower Hill Stations all within a short walking distance.

Area

Floor sq feet sq metres Status
Raised Ground Floor 5,289 sq ft 492 sq m Self Contained

Amenities

  • Air Conditioning
  • Kitchenette
  • Bike Storage & Shower Facilities
  • High Quality Fit-out in situ
  • Fully Accessible Raised Floor
  • Natural Daylight
  • Meeting Rooms
  • New WC facilities
  • New LED lighting
  • Break out area
  • Private Office
  • Prominent Grade II Listed building
  • Ground Rent - £1 per annum
  • No external repairing/insuring liabilities
  • Furniture is available

Lease

Held for a term of 999 years is available from 17th May 2000, at a peppercorn. A new lease is available direct from the landlord, on flexible terms. The lease will be held outside the security of tenure compensation provisions of the Landlord & Tenant Act 1954, Part II (as amended).

VAT

The building is elected for VAT.

Terms

Seeking offer in excess of £4,200,000 for the virtual freehold interest. A purchase at this level represents a capital value of £794 per sq.ft.

Possession

Full vacant possession will be granted upon completion of legal formalities.

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Jonathan Beilin
Tel: +44(0)20 7456 0727
Email: jb@newtonperkins.com

Jamie Nurcombe
Tel: 0207 456 0712
Email: jn@newtonperkins.com

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