77 Ashmill Street
NW1 6RA
Ground and Lower Ground Floors
To Let or For Sale  |  880 - 1,695 sq. ft (81.75 - 157.47 sq. m)

DESCRIPTION
The bright and spacious office accommodation extends over the ground and lower ground floors of this attractive former public house, With modern interiors throughout, the space offers a large kitchenette, two communal WCs (one with shower) and a fantastic 'centre-piece' courtyard in superb order.

AMENITIES
Private Courtyard, Excellent Natural Light, Perimeter Trunking, Kitchenette, Communal WC’s, Entry Phone, 24 Hour Access, Bike Storage, Security System.

PURCHASE
A new 999 year leasehold interest of the ground and lower ground floor commercial premises is available at a guide price of £1,200,000 representing a low capital value of £708 per sq ft (approx.)

LEASE
A new Full Repairing & Insuring Lease is available for a term by arrangement, outside the LTA 1954.

RENT
Option 1: “Plug and Play” – Ground Floor 880 sq ft suite offered on an all-inclusive basis until December 2020 at a rent of £52,500 per annum.

Option 2: “Traditional Lease” – The entire Ground and Lower Ground Floors are available by way of a new lease direct with the landlord for a term to be agreed at a rent of £62,500 per annum exclusive.

SERVICE CHARGE (only applicable for Option 2)
£3,260 per annum

BUSINESS RATES (only applicable for Option 2)
£21,120 per annum (estimated)

LEGAL COSTS
Each party to be responsible for their own legal costs

EPC
Available on request

POSSESSION
Upon completion of legal formalities

SUBJECT TO CONTRACT
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Contact

Seb Norman
sebnorman@artsurveyors.co.uk
020 7034 3395

Oliver Hayes
oliverhayes@artsurveyors.co.uk
020 7034 3390

Hattie Salkeld
hattiesalkeld@artsurveyors.co.uk
020 7034 3391

George Cook
george.cook@rib.co.uk
020 7927 0624