Investment Properties: Borough Place, 16-18 Marshalsea Road, London SE1 1HL

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Borough Place, 16-18 Marshalsea Road, London SE1 1HL

OIEO £900,000 subject to contract - Freehold

  • Freehold Zone 1 investment / owner occupier opportunity.
  • Located in the dynamic Southbank area of London less than 5 minutes-walk from Borough Market and London Bridge Underground Station.
  • Situated in a highly prominent position fronting Marshalsea Road within 400ft of Borough High Street & Borough Underground Station (Northern Line).
  • A contemporary mixed-use building comprising 2 commercial units and 9 residential apartments.
  • 1 commercial unit & 9 residential apartments sold on 999 year leases producing £3,500 per annum.
  • 1 commercial unit let on FRI terms producing £50,000 per annum.
  • Unit benefits from flexible use classes including A1, A2 & D2.
  • Currently let for a term of 5 years from September 2017 with a mutual break option from September 2020.
  • Total current passing rent of £53,500 per annum.
  • We are instructed to seek offers in excess of £900,000 (Nine hundred thousand pounds), subject to contract.