TypeOffice · Office Investments

SE1 5 Gainsford Street, Southbank, London

TenureFor sale

5 Gainsford Street, Southbank, London, SE11/5

Specification

Building size
Building size9,203sqft
Property type
Property typeOffice · Office Investments
Tenure
TenureFor sale

Description

The property comprises an attractive self-contained office building, which has recently undergone full refurbishment throughout the ground and five upper floors. The property benefits from a double height reception area accessed via Gainsford Street. The floors are open plan with good natural light and views over London from the top floor. Each floor has the ability to be let separately and has individual access.

For sale on a 125-year lease, granted in 1986 at a peppercorn ground rent.

Property can either be sold vacant possession or Maverick (Maverick Advertising & Design Limited) will enter into a new leaseback for a term to be agreed at £460,000 per annum.

Location

The building is located on Gainsford Street within the Shad Thames area behind Butlerrrs Wharf, and in close proximity to Tower Bridge. The area has benefited recently from major regeneration and investment, with new developments including One Tower Bridge and the redesigned London Bridge Station. The area is now one of LondonCCs most vibrant and dynamic locations, providing a wide variety of restaurants, cafes and bars. To the west of the property is the More London Estate, home to City Hall. The area has attracted major local occupiers, including PwC, Ernst & Young, Norton Rose Fulbright, HG Capital, Montagu Private Equity, News International and Zoopla. London Bridge station (Jubilee, Northern lines and National Rail) and Tower Hill station (Circle, District and DLR lines) are within a short walking distance.

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