Crossfield Chambers, 5 Gladbeck Way, London, EN2 7HT
£220.41 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
9,074 sq ft
843 sq m
- SECTOR
Office for sale
Key features
- Total net internal area (NIA): 703.5 sqm (7,572 sqft)
- Total gross internal area (GIA): 843 sqm (9,074 sqft)
- The entire building is let on an FRI lease until 28th September 2027 at a current rent of £114,000 per annum
- The tenant has exercised the break option contained in the lease, thereby bringing the existing lease to an end on 29th September 2024
- The building may be suitable for conversion to residential use under Permitted Development Rights, subject to obtaining all necessary consents
- The property is a 2-minute walk from Enfield Chase Overground Station
- For sale freehold with vacant possession
Description
The property is self-contained, featuring attractive brick elevations, and offers accommodation over the ground and three upper floors, extending to 703.5 sqm (7,572 sqft) NIA and 843 sqm (9,074 sqft) GIA.
The property benefits from a passenger lift servicing all floors and 21 designated parking spaces in the adjoining car park.
The entire building is let on an FRI lease until 28th September 2027 at a rent of £114,000 per annum. The tenant has exercised a break option under the lease, which will take effect on 29th September 2024.
As offices, the premises have a current ERV in the region of £150,000 per annum.
There is potential to convert the existing office building into residential units and add more floors, subject to obtaining all necessary consents. The property could also lend itself to alternative uses, such as medical or educational.
Energy Performance Certificates
EPCBrochures
Crossfield Chambers, 5 Gladbeck Way, London, EN2 7HT
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Enfield Chase Station0.1 miles
- Enfield Town Station0.6 miles
- Gordon Hill Station0.7 miles
About GLPG, Marylebone
3 Fitzhardinge Street, London, W1H 6EF
Notes
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