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Clutha House, Storey’s Gate, London SW1

Clutha House, Storey's Gate, London SW1

£10,500,000

Property Type:
Commercial
Tenure:
Freehold
Site Area:
9,416 sq.ft [875 sq.m]

Tenancy

The property is let on 10 commercial leases. The passing rent is £241,296.50, which equates to approximately £33 per sq ft on let space. The low passing rent reflects the flexible nature of the office leases that incorporate mutual break options. This has enabled the Vendor to create a block date in the building as part of the strategy for alternative use to be explored. Vacant possession of 90% of the building is possible from January 2018.

Description

  • Prominent Freehold corner property
  • Situated in the heart of central London with exceptional views over internationally recognised landmarks including the Palace of Westminster and Westminster Abbey
  • Office and retail accommodation totalling 9,416 sq ft (874.9 sq m) arranged over lower ground, ground and four upper floors
  • Total gross internal area (GIA) 12,615 sq ft (1,171.9 sq m)
  • Excellent opportunity to comprehensively refurbish and extend the property (subject to obtaining all necessary consents)
  • Rare owner occupier opportunity
  • Vacant possession of 90% of the building is possible from January 2018
  • Low passing rent of c£33psf on let space reflects the flexible nature of the leases that incorporate mutual break options
  • Offers are invited for the Freehold interest