The building is situated on the southern side of Margaret Street, close to its junction with Great Titchfield Street. Oxford Circus underground station is a very short walk away. Margaret Street offers a vibrant street scene with a variety of retail, fashion and gallery occupiers at ground level and offices on upper floors. Being located in the heart of NOHO, in an up and coming trendy location, an occupier will benefit from all the amenities and cache the area has to offer.
We understand the property was built at the turn of the 1900’s and as such retains some Art Deco influences in the facade. Architecturally it is attractive. This studio is on the lower ground floor, it has light from several light wells and a mono-pitch skylight. It has a fantastic urban, raw styling with exposed pipes, sprinkler system and a grey pained stone floor. All walls and ceilings are very white with industrial spotlighting adding interesting angles and shadows. The space benefits from period features and also modern touches but is effectively “raw”. We understand that the permitted use is as “offices and showrooms”.
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| Tenure: | Leasehold |
| Lease: | A sub lease until August 2014 - or possibly longer by way of an assignment. (New lease potentailly available from the freeholder) |
| Rent: | £17.50 psf pax |
| Rates: | Estimated at £5.40 psf pa |
| Service Charge: | Capped at £6.50 psf pa |
| Floor | SQ Ft | SQ M | GBP |
|---|---|---|---|
| LG Floor | 3,760 sq ft | (349 sq m) |
Subject to Contract
Applicants are advised to make their own enquires in respect of all rates payable to local authorities and taxes. We recommend you see www.voa.gov.uk for further information.
None of the systems or services in the property have been tested by us to check they are in working order. Interested parties may wish to make their own investigations. All other information provided is for guide purposes and cannot be relied upon.