Offers in region of
£2,000,000
(£744.88/sq. ft)
Office for saleTankerton Works, 12 + 12A Argyle Walk, London WC1H
2,685 sq. ft
Freehold
About this property
Freehold investment for sale
Diversified income risk
5 separate suites + communal areas
4 suites occupied under 3 separate tenancies
1 suite vacant
Current income of £84,000 pa
Total income of £114,000 pa upon leasing of vacant suite
Offers in the region of £2,000,000
Description
Tankerton Works is a former Victorian era stable block that was sympathetically reconstructed as offices approximately 15 years ago and has its accommodation arranged over basement, ground and first floors.
3 tenants occupy 4 suites with 1 unoccupied suite.
Location
Tankerton Works is located in a mid terrace position in Argyle Walk and is within 3 minutes of King’s Cross and St. Pancras Stations and a 7 minute walk to Russell Square Underground Station.
Tenancy Schedule
Current income for this property is £84,000PA rising to £114,000 pa upon disposal of the vacant suite. Download tenancy schedule for full details.
Tenure
The freehold interest in title number ngl 827323 is being sold subject to the existing tenancies, as defined in the tenancy schedule.
Proposal
Offers in the region of £2,000,000 are sought, subject to contract.
VAT
The sale price is not subject to VAT.
Viewings
All inspections via The Vendor's sole agent, Ashurst Real Estate
Anti Money Laundering Regulations
We are obliged to conduct customer due diligence under the Money Laundering Regulations 2017 when terms are agreed with a purchaser.
Tankerton Works is a former Victorian era stable block that was sympathetically reconstructed as offices approximately 15 years ago and has its accommodation arranged over basement, ground and first floors.
3 tenants occupy 4 suites with 1 unoccupied suite.
Location
Tankerton Works is located in a mid terrace position in Argyle Walk and is within 3 minutes of King’s Cross and St. Pancras Stations and a 7 minute walk to Russell Square Underground Station.
Tenancy Schedule
Current income for this property is £84,000PA rising to £114,000 pa upon disposal of the vacant suite. Download tenancy schedule for full details.
Tenure
The freehold interest in title number ngl 827323 is being sold subject to the existing tenancies, as defined in the tenancy schedule.
Proposal
Offers in the region of £2,000,000 are sought, subject to contract.
VAT
The sale price is not subject to VAT.
Viewings
All inspections via The Vendor's sole agent, Ashurst Real Estate
Anti Money Laundering Regulations
We are obliged to conduct customer due diligence under the Money Laundering Regulations 2017 when terms are agreed with a purchaser.
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